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Court win for Oilex

A DECISION from the High Court of Gujarat on a case between ASX-listed Oilex and Gujarat State Petroleum Corporation has been handed down in favour of Oilex, with a ruling that GSPC must pay 30 crores rupees (US$4.1 million) in costs within the next nine days.

paul hunt
Court win for Oilex

  GSPC and Oilex failed to come to an agreement outside of Court earlier this year after GSPC failed to cough up just over US$3 million to cover its share of the joint venture's Cambay project expenses...

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