OILEX is celebrating today as Gujarat State Petroleum Corporation (GSPC) has approved the sale of its 55% participating interest in the Cambay PSC in India for US$2.2 million (A$2.8M), sending its share price soaring by 83%.
Finalised sales agreement with GSPC sends share price soaring
The sale means it can get back to producing after torrid years spent in local courts and an asset hunt that has spanned the East Irish Sea to the onshore Cooper Basin, where Oilex rapidly acquired
Gujarat State Petroleum Corporation uninterested
Oilex funded for India exploration
Oilex returns to profit for half year
Tamboran ramping up Top End work
The future of frontline operations
Tamboran ramping up Top End work
The future of frontline operations
