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Last A$0.04 AUD
Change Today -0.004 / -10.00%
Volume 1.8M
As of 1:20 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

oilex ltd (OEX) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/2/14 - A$0.16
52 Week Low
08/24/15 - A$0.03
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for OILEX LTD (OEX)

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oilex ltd (OEX) Details

Oilex Ltd is engaged in the exploration, appraisal, development, production, and sale of oil and gas. The company holds interests in 8 licenses/permits covering an area of approximately 26,243 square kilometers in Australia, India, and Indonesia. Its flagship property includes the Cambay project covering 161 square kilometers located in Gujarat state. The company was incorporated in 1997 and is headquartered in Leederville, Australia.

Founded in 1997

oilex ltd (OEX) Top Compensated Officers

Managing Director, Executive Director and Mem...
Total Annual Compensation: A$256.0K
Chief Geoscientist
Total Annual Compensation: A$302.8K
Compensation as of Fiscal Year 2014.

oilex ltd (OEX) Key Developments

Oilex Ltd. Reports Cash Flow Results for the Quarter and Full Year Ended June 30, 2015

Oilex Ltd. reported cash flow results for the quarter and full year ended June 30, 2015. For the quarter, the company reported net operating cash out flows of AUD 1,505,000. Payment for purchases of other fixed assets was AUD 26,000. For the full year ended June 30, 2015, the company reported net operating cash out flows of AUD 11,600,000. Payment for purchases of other fixed assets was AUD 108,000.

Oilex Ltd. - Special Call

To discuss the recently announced Capital Raise transaction and Oilex's exciting upcoming work programme

Oilex Ltd. Provides Production Update of its Cambay Field

Oilex Ltd. provided an update from the Cambay field subsequent to the commencement of gas sales from Cambay-73 into the low pressure network. Cambay-73 averaged 54 boepd during 22 days from 26 June 2015. Cambay-73 has achieved 100% operational availability during this period. Its condensate to gas ratio is calculated to be 58 bbls per MMscf, which is 26% higher than the CGR used in the independent reserves report from RISC Operations Pty Ltd. If sustained over time and in other wells, this may have a positive impact on the condensate/light oil included in the reserves. Since the introduction of gas from the Cambay Field into the local low pressure network, the average daily demand has increased by 28% to approximately 320 Mscfd. In light of the increasing local gas demand, the joint venture is considering some operational efficiencies to better service the market and encourage further demand growth.


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