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.

View Report