Date for Oilex buy into Cooper extended

OILEX said this morning the date for it to satisfy conditions precedent for its acquisition of 27 retention licenses across the Cooper and Eromanga basin from Senex Energy has been extended.

Date for Oilex buy into Cooper extended Date for Oilex buy into Cooper extended Date for Oilex buy into Cooper extended Date for Oilex buy into Cooper extended Date for Oilex buy into Cooper extended

Conditions precedent date extended by two months for company’s buy of Senex PRLs

 
It now has until February 29. Oilex has said it is "well advanced" in negotiations and the extra time will help it with regulatory approvals.