MARKETS

Oilex funded for India exploration

OILEX is now funded with US$2.2 million to take an additional 55% of the Cambay PSC stake from Gujurat State Petroleum Company giving it a 100% share of its longstanding asset.

Oilex funded for India exploration

It has arranged an equity capital raising with its existing sophisticated investors and Novum Securities to raise £2.4 million (A$4.3 million) via issue of 1 billion new shares in two separate tranches...

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