Oilex Ltd Executive Contract Extensions (0562O)
September 30 2019 - 1:00AM
UK Regulatory
TIDMOEX
RNS Number : 0562O
Oilex Ltd
30 September 2019
30 September 2019
ASX: OEX
AIM: OEX
Executive Contract Extensions
Oilex Ltd (the Company) is pleased to announce that Mr Jonathan
Salomon's term as the Managing Director and Mark Bolton's term as
Chief Financial Officer of the Company has been extended to 18
March 2020 and 31 May 2020 respectively.
Chairman of Oilex, Brad Lingo, said;
"Joe and Mark continue to drive measurable progress in the
Company's key operations in India. During their tenure they have
overseen the extension of the Cambay PSC, the settlement with GSPC
and the new ventures in the Cooper Basin and UKCS."
The Company will review the terms of their contracts in early
2020.
For and on behalf of Oilex Ltd
Brad Lingo
Chairman
For further information, please contact:
Investor AIM Broker AIM Nominated Media Enquires Media Enquiries
Enquiries Novum Securities Adviser (UK) (Aus)
Oilex Ltd Broker Strand Hanson Vigo Communications Citadel-MAGNUS
Joe Salomon Colin Rowbury Limited Public Relations Michael Weir
Managing Email: Nominated Patrick Email:
Director crowbury@novumsecurities. Adviser d'Ancona/Chris mweir@citadelmagnus.
Email: com Rory Murphy/Ritchie McMahon com
oilex@oilex.com.au Tel: +44 20 Balmer Email: Tel: +618
Tel: +61 7399 9427 Email: patrick.dancona@vigo 6160 4900
8 9485 3200 UK oilex@strandhanson.c comms.com Australia
Australia o.uk chris.mcmahon@vigoco
Tel: +44 20 mms.com
7409 3494 Tel:+ 44 20 7390
UK 0230
UK
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END
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