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Grant of Environmental Clearance for Cambay Field

7th Feb 2022 16:19

RNS Number : 9362A
Oilex Ltd
07 February 2022
 

ASX-RNS Announcement

 

 

07 February 2022

 

 

ASX: OEX

AIM: OEX

Grant of Environmental Clearance for Cambay field

 

Oilex Limited (Oilex the Company) is pleased to announce that the Government of India Ministry of Environment, Forest and Climate Change has officially confirmed the decision of their Expert Appraisal Committee to recommend the approval of Oilex's application for a new Environmental Clearance for the Cambay field.

 

Oilex's Chief Executive Officer, Roland Wessel, said:

 

"The grant of the new Environmental Clearance enables the Company to re-start production from the two existing Cambay wells and to proceed with the field development, including the already-funded re-frac of the C-77H well."

 

 

For and on behalf of Oilex Ltd

Roland Wessel

Managing Director

 

 

For further information, please contact:

 

Investor Enquires

Oilex Ltd

Roland Wessel

Managing Director

Email: [email protected]

Tel: +61 8 9485 3200

Australia

AIM Broker

Novum Securities

Broker

Colin Rowbury

Email: [email protected]

Tel: +44 20 7399 9427

UK

AIM Nominated Adviser

Strand Hanson Limited

Nominated Adviser

Rory Murphy/Ritchie Balmer

Email: [email protected]

Tel: +44 20 7409 3494

UK

Media Enquiries (UK)

Vigo Communications

Public Relations

Patrick d'Ancona/Chris McMahon

Email: [email protected]

[email protected]

Tel:+ 44 20 7390 0230 UK

 

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