31st Mar 2006 07:39
OILEX NL31 March 2006AIM STOCK EXCHANGELONDONDear Sir,RE: AWARD OF BLOCK 56 IN OMAN TO OILEX CONSORTIUMOilex NL (Oilex) is pleased to advise that we have been advised that theGovernment of the Sultanate of Oman has awarded block 56 to the consortium ofOilex (25% and Operator) and it's indian partners, Gas Authority of IndiaLimited (25%), Videocon Industries Ltd (25%), Hindustan Petroleum CorporationLtd (12.5%) and Bharat Petroleum Corporation Ltd (12.5%). The award was madesubsequent to evaluation of offers made under the recent bidding round thatclosed on 1 January 2006.Further details will follow.For and on behalf of the BoardDr. Bruce McCarthyManaging Directorcc: Directors: MC/RB/GIJInformation in this report has been completed by the Managing Director of OilexNL Dr B.H. McCarthy B.Sc Hons.Phd (Geology) who has over 26 years experience inpetroleum geology. Level 3, 50 Kings Park Road West Perth Western Australia 6005 P.O. Box 588 West Perth Western Australia 6872 Telephone (61 8) 9226 5577 Facsimile (61 8) 9226 2108 email: [email protected] www.oilex.com.au ENDOILEX NLRelated Shares:
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