15th Mar 2018 07:00
ASX Announcement
15 March 2018
ASX: OEX
AIM: OEX
Managing Director - Contract Extension
Oilex Ltd (the Company) is pleased to announce that Mr Jonathan Salomon's term as the Managing Director of the Company has been extended by a further year.
Mr Salomon has over 30 years of experience in the oil and gas exploration and production business in both conventional and unconventional projects and brings specific Indian business and oil and gas expertise.
Chairman of Oilex, Brad Lingo, said;
"We are very pleased to extend Joe's contract, as he continues to drive progress in the Company's key operations in India. With approval of the Cambay PSC extension imminent, Joe will lead the Company's 2018-19 field programme as the Company seeks to unlock value for shareholders from our substantial gas resources."
For and on behalf of Oilex Ltd
Brad Lingo
Chairman
For further information, please contact:
Investor Enquiries Oilex Ltd Joe Salomon Managing Director Email: oilex@oilex.com.au Tel: +61 8 9485 3200 Australia | Nominated Adviser Strand Hanson Limited Nominated Adviser Rory Murphy/Ritchie Balmer Email: oilex@strandhanson.co.uk Tel: +44 20 7409 3494 UK
| Media Enquires (UK) Vigo Communications Public Relations Patrick d'Ancona/Chris McMahon Email: patrick.dancona@vigocomms.com chris.mcmahon@vigocomms.com Tel: +44 20 7830 9700 UK | Media Enquiries (Aus) Citadel-MAGNUS Public Relations Michael Weir Email: mweir@citadelmagnus.com Tel: +618 6160 4900 Australia |
Related Shares:
OEX.L