Oilex Ltd was incorporated in Australia. Its operations are based out of five offices - our Perth head office, where geotechnical work, financial management and control are located; two in India focused on operations and government relations; and one in each in Muscat, Oman and Dili, Timor-Leste for field logistic, administration and finance support and government liaison. Currently Oilex's main country of operation for the purposes of AIM Rule 26 is India.

The Company is directing its efforts towards opportunities that have the potential to provide an exceptional return on investment. Our focus remains on searching for exploration and production assets in the prospective hydrocarbon basins of India , Australia - particularly in the Northwest Shelf and in the Timor Sea, and in the countries of Southeast and South Asia and near Middle East around the rim of the Indian Ocean. With eight permits/interests in prospective basins, Oilex has rapidly compiled a significant portfolio of oil and gas acreage that has a well-balanced mix of risk and reward.

Oilex now has interests in three field re-development and exploration projects in India; two exploration permits offshore Australia; one production sharing contract in the Joint Petroleum Development Area between Timor-Leste and Australia; one exploration and production sharing agreement onshore Oman and one production sharing contract onshore Sumatera Indonesia. Oilex is the operator of joint ventures comprising major Indian energy companies in all areas save for Indonesia. In Indonesia Oilex is non operator in a joint venture with an Indonesian company.

Website

http://www.oilex.com.au/index.cfm


Quarterly Report ( 31st October 2012 )

http://tinyurl.com/9ge6tx3

07:00 Oilex Ltd (OEX) Good Oil Investor Presentation September 2017 RNS
07:00 Oilex Ltd (OEX) Corporate Governance Statement RNS

6 October 2017
OILEX LTD

SEPTEMBER 2017 QUARTERLY REPORT

http://www.moneyam.com/action/news/showArticle?id=5718991

12 December 2017

ASX: OEX
AIM: OEX


Agreement Secures Funding of up to A$2.35 million

Oilex Ltd (the Company) is pleased to announce that it has entered into subscription agreements for a conditional capital raising to secure funding of up to A$2.35 million (£1.33 million).

The funding is an important step for the Company following the submission of its application for the PSC licence renewal extension for Cambay and provides funding certainty to fast track commencement of the 2018 work programme upon the licence renewal.

Key Placement Terms

The placement, part of which is subject to certain conditions set out below, will secure up to A$2.35 million before expenses through the issue of up to 507,134,736 fully paid ordinary shares. The placement will occur in two tranches structured as follows:

Tranche 1 The Company will issue 157,894,736 Shares at an average issue price of A$0.0038 (0.215 pence) to raise up to A$0.6 million (£0.34 million) in accordance with its 15% placement capacity under ASX Listing Rule 7.1; and

Tranche 2 The Company will issue approximately 349,240,000 shares at a price of A$0.005 (0.283 pence) to raise a further A$1.75 million (£0.99 million)

Tranche 1 is due to settle in January, but no later than 31 January 2018. The issue of the Tranche 2 shares is subject to shareholder approval, as well as the successful extension of the Cambay PSC by the Government of India for a further ten years on or before 31 March 2018. The Company anticipates holding its general meeting to approve Tranche 2 in the first quarter of 2018.

The placees include new institutional investor, Republic Investment Management Pte Ltd (Republic). Following the completion of Tranche 1 Republic is anticipated to hold an approximate 7% interest in Oilex, and will increase its holding to approximately 19.9% following the completion of Tranche 2.

Use of Funds

Funds raised from the placement are intended to primarily be applied to initiate the delivery of a targeted 2018 work programme within the Cambay PSC and for ongoing working capital requirements. The 2018 work programme includes up to nine workover candidates and two vertical wells at Cambay.

Commenting on the placing, Managing Director Mr Joe Salomon said. 'We are very pleased to secure the support of a new cornerstone shareholder. The funds raised will kick off our targeted 2018 work programme to unlock potential value at Cambay. We enter the new year with renewed momentum, a clear strategic focus, and increasing financial strength - we are confident that our work programme, with funding arriving in due course to support it, will see the company start to deliver Cambay's potential value for investors."


For and on behalf of the Board


Jonathan Salomon
Managing Director
http://www.moneyam.com/action/news/showArticle?id=5777103

Key dates

Second Quarter Report---------------------January

Interim Report 31 December---- ----------March

Third Quarter Report------------------------April

Fourth Quarter Report-----------------------July

Financial Report YE 30 June-----------------September

Annual Report Published & Notice of AGM--October

First Quarter Report--------------------------October

Annual General Meeting in Perth----------- November

http://www.oilex.com.au/investor-information/financial-calendar.html

From 7:00 today:

1 February 2018
ASX: OEX
AIM: OEX

Notice of Initial Substantial Holder (603)

Oilex Ltd (the Company) is pleased to advise that Republic Investment Management Pte Ltd has notified the Company that it has an initial relevant interest in 131,578,948 fully paid ordinary shares, representing 7.04% of the ordinary shares on issue.

The shares were issued at A$0.0038 per share as part of the Tranche 1 placement of A$600,000 announced on 12 December 2017. The two tranche placement which secures up to A$2.35 million, is an important step for the Company and provides funding certainty to fast track commencement of the 2018 work programme upon the Cambay PSC licence renewal.

The Tranche 2 issue of approximately 349,240,000 shares at a price of A$0.005 (0.283 pence) to raise a further A$1.75 million (£0.99 million) is subject to shareholder approval, as well as the successful extension of the Cambay PSC by the Government of India for a further ten years on or before 31 March 2018. The Company anticipates holding its general meeting to approve Tranche 2 in March 2018.


Please refer to the attached Form 603.

http://www.rns-pdf.londonstockexchange.com/rns/5663D_-2018-2-1.pdf

http://www.moneyam.com/action/news/showArticle?id=5838628

INTERIM REPORT 31 DECEMBER 2017

CONTENTS


Directors' Report

Auditor's Independence Declaration

Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income

Condensed Consolidated Statement of Financial Position

Condensed Consolidated Statement of Changes in Equity

Condensed Consolidated Statement of Cash Flows

Notes to the Condensed Consolidated Interim Financial Report

Directors' Declaration

Independent Review Report

http://www.moneyam.com/action/news/showArticle?id=5865577

26 February 2018
ASX: OEX
AIM: OEX

Investor Presentation - February 2018

Oilex Ltd advises that a copy of an Oilex Investor Presentation dated February 2018 can be viewed by clicking on the below link.

http://www.rns-pdf.londonstockexchange.com/rns/8602F_-2018-2-26.pdf

http://www.moneyam.com/action/news/showArticle?id=5868753

07:00 Oilex Ltd (OEX) Appendix 3B Issue of Shares and Section 708 Notice RNS
07:00 Oilex Ltd (OEX) Appendix 3Y B Lingo RNS
07:00 Oilex Ltd (OEX) Appendix 3Y P Haywood RNS

http://www.moneyam.com/action/nav/news?epic=OEX

29 March 2018
ASX: OEX
AIM: OEX

Amendment to T2 Capital Raising Conditions

Oilex Ltd (the Company) is pleased to advise that it has agreed with subscribers to amend the Tranche 2 conditions pursuant to the subscription agreements for the capital raising announced on 17 December 2017.

The completion of the Tranche 2 of the capital raising is subject to the successful extension of the Cambay PSC by the Government of India for a further ten years on or before 31 March 2018. The parties have today agreed to extend this date to 30 April 2018.

Tranche 1 issue of the capital raising was completed on 29 January 2018.

A formal response on the application for the Cambay PSC extension is anticipated by June 2018 although the Company believes that response may be received sooner.

For and on behalf of Oilex Ltd

http://www.moneyam.com/action/news/showArticle?id=5912831

4 April 2018
ASX: OEX
AIM: OEX

MoPNG Approves Application for PSC Extensions

Oilex Ltd (the Company) is pleased to announce that it has received notice that the Ministry of Petroleum and Natural Gas (MoPNG) has approved the proposal for the grant of ten year extensions to the Cambay and Bhandut PSCs.

The Director General of Hydrocarbons has been requested by the MoPNG to hold the Management Committee Meeting and take the necessary action in accordance with the Government of India policy on the extension of small and medium sized discovered fields dated 28 March 2016.

The Company wishes to thank its team in India for their outstanding contribution and the Director General of Hydrocarbons and the MoPNG for their timely consideration of the applications for extensions.


Managing Director, Joe Salomon said, "This is a major milestone for the Company and follows more than a year of dedicated effort by the Oilex team with the strong support from the Government of India. The extension will provide intrinsic value to our Indian projects and the Company, supported by increased interest from several Indian and foreign parties for possible participation in the Cambay PSC. Our efforts are now geared towards achieving commercial gas flow rates in the EP-IV formation. Our confidence in India as a country of immense potential remains resolute and the Company continues to evaluate additional project opportunities where we can apply international technologies and capitalise on the expertise of our team."

http://www.moneyam.com/action/news/showArticle?id=5917779

From today:

10:19 Oilex Ltd (OEX) March 2018 Quarterly Report

10:11 Oilex Ltd (OEX) Capital Raising and T2 Variation

15 May 2018
ASX: OEX
AIM: OEX

Issue of Shares and Section 708A(5)(e) Notice

Oilex Ltd (the Company) is pleased to advise that it has issued 125,000,000 new ordinary shares at an issue price of $0.004, raising $500,000 (Placement). Funds raised from the Placement are intended to be applied to the working capital requirements of the Company. The Placement is in relation to the capital raising announced 30 April 2018.

The placees include Republic Investment Management Pte Ltd who has increased its holding to approximately 12.2% following the completion of the Placement.

The Company further advises that it has issued 2,770,800 new ordinary shares. These shares have been issued in lieu of Non-Executive Directors' fees as approved by shareholders on 29 November 2017.

These new ordinary shares were issued at a price of AUD $0.005 (approximately 0.0028 pence) per Share.

http://www.moneyam.com/action/news/showArticle?id=5970569

17 May 2018
ASX: OEX
AIM: OEX

Notice of Change of Interests of Substantial Holder

Oilex Ltd (the Company) is pleased to advise that Republic Investment Management Pte Ltd has notified the Company that it has a relevant interest in 244,078,948 fully paid ordinary shares, representing 12.19% of the ordinary shares on issue following the issue of 112,500,000 new ordinary shares.

The shares were issued at A$0.004 per share as part of the placement of A$500,000 announced on 30 April 2018.

Please refer to the attached Form 604.

http://www.rns-pdf.londonstockexchange.com/rns/3563O_-2018-5-17.pdf

http://www.moneyam.com/action/news/showArticle?id=5974333

26 July 2018
ASX: OEX
AIM: OEX

Loan Funding & Cash Call Receipt

Oilex Ltd (the Company) is pleased to advise that it has entered into a binding loan agreement with existing investors to secure funding of A$300,000 (Loan Funding).


Summary of Key Terms

Term: 26 July 2019 (One Year)

Interest Rate: 5%

Repayments 100% payable at maturity

Options Issued: 83,333,333 options over ordinary shares

Option Exercise Price: A$0.0036

Option Expiry Date: On or about 26 July 2019

Security: Unsecured

Key Undertakings: Not to dispose of assets having an aggregate value more than A$1 million

Not to incur any financial indebtedness more than A$50,000

Not to incur any aggregate payment or outgoing exceeding A$1 million (except for wages)


Customary additional provisions regarding events of default, undertakings, covenants and representations and warranties have also been agreed.

As part of the Loan Funding, 83,333,333 Options will be issued to subscribers with an exercise price of A$0.0036, which, if exercised in their entirety, will result in a further cash inflow to the Company of A$300,000, the proceeds of which will be applied to the outstanding loan balance.

The issue of the Options is subject to shareholder approval under ASX Listing Rule 7.1 within 75 days after drawdown. Failure to secure shareholder approval will require immediate repayment of the loan principal and accrued interest. The Company is currently preparing the necessary notice of general meeting, which will be sent to shareholders shortly.

The loan proceeds will be to be applied to meet the expected working capital requirements of the Company over the short term.

Related Party Transaction

Republic Investment Management Pte Ltd (Republic) participated in A$300,000 of the Loan Funding amount.

Republic has a shareholding in the Company of 12.2% and is therefore categorised as a Substantial Shareholder of the Company pursuant to the AIM Rules for Companies (AIM Rules). Accordingly, the entering into the Loan Funding with Republic is classified as a related party transaction pursuant to the AIM Rules.

The Directors of the Company, having consulted with Strand Hanson Limited, the Company's Nominated Adviser, consider that the terms of the Loan Funding with Republic are fair and reasonable insofar as the Company's shareholders are concerned.

GSPC Cash Call Receipt

The Company wishes to advise that it has received the equivalent of approximately US $172,000 as a contribution to outstanding cash calls.

http://www.moneyam.com/action/news/showArticle?id=6066796

07:00 Oilex Ltd (OEX) June 2018 Quarterly Report RNS
30/07/18 07:00 Oilex Ltd (OEX) Event of Default Notice Update RNS
30/07/18 07:00 Oilex Ltd (OEX) Tranche 2 Update RNS

http://www.moneyam.com/action/nav/news?epic=OEX

10 August 2018
Mr Chris Hesford
ASX Limited
Level 40, Central Park
152-158 St Georges Terrace
PERTH WA 6000
By email: tradinghaltsperth@asx.com.au

Dear Mr Hesford

Oilex Ltd - Trading Halt Request

In accordance with ASX Listing Rule 17.1 Oilex Ltd (ASX: OEX, AIM: OEX) hereby requests an immediate trading halt on the Company's securities from the commencement of trading Friday 10 August 2018.

In accordance with Listing rule 17.1, Oilex provides the following information:

a) The trading halt is requested pending an announcement by Oilex in relation to an update on the Event of Default Notice issued in regard to the Cambay PSC;

b) Oilex requests the trading halt to remain in place until the earlier of such time as it makes an announcement to the market in relation to the Event of Default Notice and the commencement of trading on Tuesday 14 August 2018; and

c) Oilex is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Yours faithfully
Mark Bolton
Chief Financial Officer and Company Secretary

http://www.moneyam.com/action/news/showArticle?id=6086494

Just looked, my average is 5.2p :-(

10 August 2018
NOTICE
10/08/2018 12:24pm

TEMPORARY SUSPENSION OF TRADING ON AIM

OILEX LIMITED


At the request of the Company, trading on AIM for the under-mentioned securities has been temporarily suspended from 10/08/2018 12:24pm, pending an announcement.


ORDINARY SHARES OF NO PAR VALUE, FULLY PAID (B0Z33D7) (AU000000OEX8)



If you have any queries relating to the above, please contact the company's nominated adviser on 020 7409 3494.

http://www.moneyam.com/action/news/showArticle?id=6087541

13 August 2018
ASX: OEX
AIM: OEX

GSPC Event of Default Update and Trading Restoration

Oilex Ltd (Oilex or the Company) advises that Gujarat State Petroleum Corporation (GSPC) has served notice of an Order from the High Court of Gujarat (Court) directing it not to take any coercive steps against GSPC until 4 September 2018 (Order). The Order has been awarded on an interim basis to delay the Company securing a transfer of the Participating Interest in the Cambay PSC held by GSPC.

The Company's legal advisors are currently considering the matter and a further announcement will be issued in due course. The Order was obtained on an ex parte basis and accordingly, the Company was not afforded an opportunity to assert its position. The Company notes that, notwithstanding the Order, GSPC remains in ongoing material breach of the JOA with the Event of Default (EoD) remaining in place and Oilex fully intends to enforce its legal and contractual rights.

By way of background, on 29 May 2018, the Company issued the EoD Notice to GSPC in accordance with the Joint Operating Agreement (JOA) for the amount of equivalent US$3,054,832. The EoD Notice was issued as a result of GSPC's ongoing failure to pay its Participating Interest share of Cambay PSC expenses. GSPC failed to remedy its default within 60 days and, in accordance with the JOA, Oilex formally requested the Directorate General of Hydrocarbons and the Ministry of Petroleum and Natural Gas, India to transfer GSPC's participating interest in the Cambay PSC to the Company. This was announced by Oilex on 30 July 2018.

The Company's shares were suspended from trading on AIM on the afternoon of 10 August 2018 pending an announcement. Accordingly, the release of this announcement facilitates restoration of trading on AIM of the Company's shares, such restoration to occur at 7.30am 13 August 2018.

Managing Director, Joe Salomon, said: "We are confident that the Company has followed the correct legal process and intends to fully enforce its rights as necessary to facilitate the successful development of the Cambay Project."

http://www.moneyam.com/action/news/showArticle?id=6088090

15 August 2018
ASX: OEX
AIM: OEX

Notice of General Meeting


Oilex Ltd (the Company) advises that a General Meeting, will be held at The Park Business Centre, 45 Ventnor Avenue, West Perth, Western Australia on Friday 14 September 2018 at 10.00am.

Attached is a copy of the Notice of General Meeting, including an Explanatory Memorandum and Proxy Form, dispatched to shareholders today.


Further to the announcement on 29 July 2018, the Company advises that it has entered into another loan agreement with existing investors, and the loan funding has been increased by $30,000 to $330,000 on the same key terms. Accordingly, the number of options to be issued to subscribers with an exercise price of A$0.0036 on or before 26 July 2019 will increase by 8,333,333 to 91,666,666. The additional options are planned to be issued concurrently with existing options following approval by shareholders pursuant to the attached notice of meeting.

http://www.moneyam.com/action/news/showArticle?id=6091503