Oilex completes East Irish Sea buy

OILEX is on track to take a 100% participating interest in Dolye-Peel license in the East Irish Sea from Burgate Exploration and Production after selling off its Cooper Basin permits some months ago. 

Oilex completes East Irish Sea buy Oilex completes East Irish Sea buy Oilex completes East Irish Sea buy Oilex completes East Irish Sea buy Oilex completes East Irish Sea buy
The company will pay £60,000 (A$106,000) in four installments by the end of January and issue 42.5 million shares, subject to shareholder approval at the annual general meeting this Friday.