In accordance with ASX Listing Rule 17.1 Oilex Ltd (ASX: OEX, AIM: OEX) hereby requests an immediate trading halt on the Company’s securities from 1.30pm AWST on Tuesday, 4 September 2018.
In accordance with Listing Rule 17.1, Oilex provides the following information:
a) The trading halt is requested pending an announcement by Oilex in relation to the Company’s appearance in the High Court of Gujarat regarding the ex-parte interim stay order obtained by Gujarat State Petroleum Corporation (GSPC).;
b) Oilex requests the trading halt to remain in place until the earlier of such time as it makes an announcement to the market in relation to the proceedings of the High Court of Gujarat and the commencement of trading on Thursday, 6 September 2018; and
c) Oilex is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.