Quarterly Report to Shareholders 30 June 2013
Oilex continues its transition to becoming a leading unconventional oil and gas producer. The company
is focused on projects throughout the Indian Ocean Rim where a clear first mover advantage to assets
with significant tight reservoir potential exists. During the quarter, regulatory approvals for the Cambay
Field Work Program and Budget to the end of March 2014 were received. The tendering process for
the drilling rig and drilling services commenced and is progressing through the Joint Venture contracting
and procurement process as planned.