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.”

Managing Director Contract Extension