Oilex looks to East Irish Sea for new gas assets

ASX-LISTED junior Oilex is looking to acquire a 50% interest in three gas discoveries in the East Irish Sea, entering into an exclusivity agreement with private company Koru Energy.

Oilex looks to East Irish Sea for new gas assets Oilex looks to East Irish Sea for new gas assets Oilex looks to East Irish Sea for new gas assets Oilex looks to East Irish Sea for new gas assets Oilex looks to East Irish Sea for new gas assets

 

Under the agreement Oilex would pay £500,000 (A$908,000) cash to Koru for a 50% stake in offshore Production Licenses P2459 and P2444.

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