Oilex Ltd (ASX:OEX)
Oilex Ltd (Oilex) is engaged in exploration of oil and gas, appraisal and development of oil and gas prospects, and production and sale of oil and gas. The Company operates geographically through India, Australia, Joint Petroleum Development Area (JPDA), Indonesia and United Kingdom segments. It owns two Petroleum exploration licenses PEL 112 and PEL 444 in the Cooper-Eromanga Basins, South Australia. It holds interest in the Doyle-Peel license P2446 in the East Irish Sea (EIS), offshore the United Kingdom. Its Cambay field is located in the Cambay Basin covering approximately 161 square kilometers in Gujarat State, India. Its Bhandut field in Gujarat is a producer of oil and gas. Its JDPA O6-103, covering an area of approximately 1,870 square kilometers is located in the Flamingo Trough portion of the Northern Bonaparte Basin, Timor Sea. Its West Kampar PSC is located in central Sumatra adjacent to the oil producing province in Indonesia.