UNCONVENTIONAL

Oilex reports Cambay reserves

TRAILBLAZING junior Oilex says its Cambay field, in the industrial heart of India's Gujarat state, contains enough hydrocarbons to underpin full field development of what should be the nation's first commercial unconventional production.

Perth-based consultancy RISC assessed two of the six potential Eocene reservoirs, the X and Y Zones, and says there are gross 2C unrisked contingent resource of 720 billion cubic feet and 52.8 million...

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