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Oilex Ltd ORD NPV (OEX)

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04-Jul-2014 02:34 PM

Oilex resumes Cambay-77H frac stimulation

Oilex has resumed fracture stimulation operations on the Cambay-77H well following repairs to the frac tree. Oilex says that as a precaution, mobilisation of a spare frac tree has commenced and it will standby at Cambay-77H site, as all the spare valv
02-Jul-2014 07:34 AM

Oilex gives Cambay-77H frac update

Oilex Ltd said Stage 1 fracture stimulation (frac) has been successfully completed at Cambay-77H. Subsequently, Cambay-77H started unaided flowback with indications of gas at surface within 24 hours while other operations were ongoing. Subsequent to Stag
24-Jun-2014 07:20 AM

Oilex says frac stimulation begins at Cambay-77H well

Oilex Ltd says fracture stimulation operations have commenced at its Cambay-77H well. During the Stage 1 "toe prep", a pressure increase of approximately 800 psi was detected at surface immediately after the initial Stage 1 perforation, confirm
09-Jun-2014 07:30 AM

Oilex eyes Cambay-77H fracture stimulation next week

Oilex Ltd said Schlumberger equipment for the fracture stimulation programme at the Cambay-77H Well has started to arrive at site, and that other preparatory activities for the well have also commenced to ensure readiness for the Stage 1 fracture stimulat
22-Apr-2014 08:19 AM

Oilex says Cambay-77h casing set, cemented

Oilex Ltd said the 4-1/2-inch production casing at Cambay-77H well was successfully set and cemented on 19 April 2014. The wellbore was now secured for the fracture stimulation programme. Essar Land Rig #4 was preparing to demobilise from the site. This
14-Apr-2014 01:13 PM

Cambay-77H well reaches TD, says Oilex

Oilex has confirmed that the Cambay-77H has reached total depth at 2370m MD. The primary reservoir target (Y Zone) has been intersected on prognosis and increased gas readings similar to Cambay-76H indicate the reservoir is hydrocarbon bearing. A full
24-Mar-2014 08:03 AM

Oilex says Cambay-77H on equipment downtime

Oilex Ltd said the drilling at its Cambay-77H well is currently on equipment downtime at no cost after experiencing mechanical issues, while spare parts are sourced. Oilex said drilling of the 12-1/4 inch hole section reached 1,626.5m MD, which was about
11-Mar-2014 12:09 PM

Oilex continue drilling at latest Cambay well

Oilex has announce that its Cambay-77H well drilling operations in India have been successfully completed setting and cementing the 13 3/8 inch casing at 590m Measured Depth (MD). Cambay-77H is located adjacent to the Cambay-76H horizontal well that und
07-Mar-2014 07:57 AM

Oilex says drilling beings at Cambay-77H

Oilex said Cambay-77H horizontal production well drilling operations began March 7. The rig is drilling ahead at 76m measured depth. It is expected to take 30 days to reach a measured depth of 2357m. "We look forward to measuring a sustained hydroc
25-Feb-2014 07:32 AM

Oilex widens H1 pretax loss to $2.77m

Oilex widened its H1 pretax loss to $2.77m, from $2.49m. Revenue was $0.12m, from $0.09m. The loss includes $1.1m incurred on exploration expenditure (with $0.67m expensed in India) and $1.6m incurred on employee and administrative expenditure. Story
12-Feb-2014 01:22 PM

Oilex unit inks deal with traditional owners' groups

Oilex subsidiary Admiral Oil NL has signed agreements over acreage in the Canning Basin in Western Australia with three traditional owners' groups. The group either hold or claim native title over portions of Oilex's special prospecting authori
03-Feb-2014 08:34 AM

Oilex gives Cambay-77H update

Oilex said the Cambay-77H site construction has been completed on schedule. All 149 packages of the LR-4 Rig components have been delivered and unloaded at site. Due to the progress to date being within the scheduled timeframe, the proposed spud date of
28-Oct-2013 07:34 AM

Oilex gives Cambay drilling update

Oilex said it is confident that the tendering process for drilling Cambay-77H is progressing and the focus is now on completion of the recommendation for the drilling rig and fracture stimulation equipment selection. Story provided by StockMarketWir
07-Oct-2013 09:36 AM

Oilex's COO Michael Maloney departs

Oilex Ltd announces the departure of its Chief Operating Officer, Michael Maloney, effective from Oct. 4. At 9:36am: (LON:OEX) share price was +0.13p at 3.13p Story provided by
29-Jan-2013 10:45 AM

Oilex lines up buyers for Indian gas

In its quarterly report to shareholders, for the three months to 31 December, unconventional Indian oil and gas play Oilex announced it had identified potential gas buyers for Cambay-73 gas and approached them as part of the preparation for restarting pro
03-Dec-2012 07:56 AM

Oilex MD steps down

Dr Bruce McCarthy is stepping down as managing director of Oilex as he needs an extended period of medical leave. He will become a non-executive director. While a replacement is found another non-executive director, Ron Miller, will become acting managi
22-Oct-2012 10:18 AM

Oilex strengthens its team in India

Oilex has appointed Andrew Pfaff to the position of General Manager - Operations, based in India. He has over 30 years of experience as a petroleum engineer and as a project manager working in international projects including China, Middle East, Russia,
10-Oct-2012 01:27 PM

Oilex sets date for AGM

Oilex's annual general meeting will be held at First Floor, The Celtic Club, 48 Ord Street, West Perth, Western Australia on 14 November at 3.00 p.m. At 1:27pm: (LON:OEX) share price was 0p at 4.5p Story provided by
24-Jul-2012 07:40 AM

New COO for Oilex

Oilex has announced the appointment of Michael Maloney as Chief Operating Officer with immediate effect. Maloney will be based in India reporting to the Managing Director, Bruce McCarthy and be responsible for the development of the Cambay tight oil and
25-May-2012 10:29 AM

Oilex suspend operations at Cambay well

Oilex has announced that operations at the Cambay-76H well have been suspended and a work programme to commercialise the value of the work completed on Cambay-76H at the earliest opportunity is being prepared. The company previously announced that operat
17-Feb-2012 10:45 AM

Oilex resumes attempt to fix well problem

Unconventional hydrocarbons specialist Oilex (LON:OEX) advises that operations to retrieve the stuck milling assembly from the Cambay-76H horizontal well in the Cambay Field, onshore Gujarat, India have resumed. Retrieval operations were interrupted in D
02-Feb-2012 08:30 AM

Oilex sees half year losses reduced

Oilex Group incurred a consolidated loss after income tax of $2,623,374 for the half-year - significantly less than recorded the previous year(31 December 2010: loss of $8,497,879). The loss includes $1,747,024 incurred on exploration expenditure which
31-Jan-2012 08:37 AM

Oilex still addressing problems on Indian well

In a quarterly statement Indian unconventional gas firm Oilex (LON:OEX) said it continued to face difficulties with a well on its core Cambay field. The Cambay-76H well clean-up operations and production testing have been significantly delayed due to the
27-Oct-2011 10:50 AM

Oilex outlines progress

In a third quarter update oil explorer Oilex (LON:OEX) outlined its progress on the Cambay field in India. The company indicated that it had achieved the significant milestones of drilling, completing and conducting an eight-stage fracture stimulation on
07-Oct-2011 08:05 AM

Oilex announces changes to board

Oilex Ltd has recommended to shareholders at the next Annual General Meeting (AGM) to be held on 9 November 2011 that Sundeep Bhandari be appointed to its Board as a non-executive Director - Vice Chairman. Bhandari, who is based in New Delhi, is one of

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