Oilex Ltd Bhandut and Cambay Updates (9912E)
May 12 2017 - 4:10AM
UK Regulatory
TIDMOEX
RNS Number : 9912E
Oilex Ltd
12 May 2017
ASX Announcement
12 May 2017
ASX: OEX
AIM: OEX
Bhandut and Cambay Updates
Oilex Ltd (the Company) is pleased to announce that gas
production has re-started at the Bhandut Field after being shut-in
for 7 months due to increased water production. Gas production has
restarted at a rate of 150MSCFD with flow rates controlled to
minimise produced water.
In the Cambay field, workovers are continuing on wells C-70 and
C-23z. The workover rig has completed its work on C-70 and is now
working on C-23z. At C-70 water lifting has been underway prior to
a possible flow test operation.
For and on behalf of Oilex Ltd
Jonathan Salomon
Managing Director
For further information, please contact:
Investor AIM Broker AIM Nominated Media Enquires Media Enquiries
Enquiries Cornhill Adviser (UK) (Aus)
Oilex Capital Strand Hanson Vigo Communications Citadel-MAGNUS
Ltd Limited Limited Public Relations Michael
Joe Salomon Broker Nominated Patrick Weir
Managing Colin Rowbury Adviser d'Ancona/Chris Email:
Director Email: Rory Murphy/Ritchie McMahon mweir@citadelmagnus.c
Email: colinr@cornhillcapital. Balmer Email: om
oilex@oilex.com.au com Email: patrick.dancona@vigoc Tel: +618
Tel: +61 Tel: +44 oilex@strandhanson.co omms.com 6160 4900
8 9485 20 3700 .uk chris.mcmahon@vigocom Australia
3200 2516 Tel: +44 ms.com
Australia UK 20 7409 Tel: +44 20
3494 7830 9700
UK
This information is provided by RNS
The company news service from the London Stock Exchange
END
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