Highlights
LSE: OEX       OILEX LD ORD NPV
Last Price Today's Change   Day's Range   Trading Volume
0.18   0.00 (0.00%)  0.16 - 0.188  9,700,213

Overview

 
Avg Volume (4 weeks):30,899,765
4 Weeks Range:0.16 - 0.25
4 Weeks Price Volatility (%):
22.22%
52 Weeks Range:0.06 - 0.515
52 Weeks Price Volatility (%):
26.37%
Average Price Target:-

Headlines



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Business Background

Oilex Ltd (Oilex) is engaged in exploration of oil and gas, appraisal and development of oil and gas prospects, and production and sale of oil and gas. The Company operates geographically through India, Australia, Joint Petroleum Development Area (JPDA) and Indonesia segments. The Company's principal assets are a near term production project in India and an early-stage exploration project located in the Canning Basin, North West Australia. The Australia based projects include STP-EPA-0131, which encompasses an area of approximately 5,280 square kilometers; STP-EPA-0106 area, comprising approximately 35.5 graticular blocks with an area of approximately 2,844 square kilometers, and STP-EPA-0107 area, comprising approximately 45 graticular blocks with an area of approximately 3,610 square kilometers. The India-based projects include Cambay Basin covering approximately 40,000 acres in Gujarat State and Bhandut located near to the Lakshmi, Gauri and Hazira Fields.

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