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Oilex 2009 Annual Report

21st Sep 2009 10:42

21 September 2009

Dear Sir,

SUBJECT: OILEX ANNUAL REPORT 30 JUNE 2009

Oilex Ltd advises that the 2009 Annual Report can be inspected on the Company's website.

Yours sincerely,B. H. McCarthyManaging Director

For further information, please contact:

Ray Barnes Technical Director, Oilex Ltd Tel. +61 8 9485 3200 (Western Australia)

Archie Berens Director, Pelham Public Relations Tel. +44 207 337 1500 (United Kingdom)

The information in this report has been compiled by the Managing Director of Oilex Ltd, Bruce McCarthy B.Sc. Hons. PhD (Geology) who has over 28 years experience in petroleum geology and Ray Barnes, B.Sc. Hons. the Technical Director of Oilex Ltd who has over 35 years experience in petroleum geology and is a member of the AAPG and EAEG. Estimates of oil-in-place are reported in accordance with the standard definitions set out by the Society of Petroleum Engineers, further information on which is available at www.spe.org.

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