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Article: OILEX LTD - Key Condition of Timor Sea Farm Out Satisfied.
- Article from:
- PR Newswire UK Disclose
- Article date:
- August 10, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Media/ASX Release 10 August 2009
Key Condition of Timor Sea Farm Out Satisfied
* Oilex's request for extension on PSC term for Timor Sea block has been
approved
* The extension approval satisfies key condition of recent Farm Out Agreement
between Oilex and Japan Energy
* Oilex in discussion to secure rig for initial 2 well program targeting
combined prospective oil resources of 285 million barrels (100% basis)
later this year
Oilex Ltd (ASX: OEX, AIM: OEX) is pleased to advise that an important approval
has been received from the JPDA Designated Authority for an extension to the
first term of the ...
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Article: OILEX LTD - OILEX SPUDS FIRST TIMOR ...
PR Newswire UK Disclose;
November 20, 2009 ;
690 words
... ... 20 November, 2009 Company Announcements Office OILEX SPUDS FIRST TIMOR SEA WELL Oilex Ltd advises that the Lore-1 well, the first well of a 2 well program in the Timor Sea contract area JPDA 06-103, was spudded at 13 ...
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