ASX-RNS Announcement
23 June 2022
ASX: OEX / AIM: OEX
Cambay C-77H Re-frac Operations Update
Oilex Limited (Oilex or the Company) is pleased to announce the following update with respect to its operations in India.
C-77H Re-frac Operations Update
The workover rig arrived on location at the C-77H wellsite on June 20th 2022 and is being rigged-up in preparation to pulling the completion string from the C-77H wellbore.
Civil works to prepare the wellsite for the re-fraccing operations have been completed. All major services and equipment have been secured for the hydraulic fraccing operation which is scheduled to commence mid-July 2022.
The fraccing operation is anticipated to last 7 days and will be followed by flow-back and testing. We currently expect to be able to announce the results of the re-frac operation in August 2022.
For and on behalf of Oilex Ltd
Roland Wessel
Managing Director
For further information, please contact:
| Investor Enquiries Oilex Ltd Roland Wessel Managing Director Email: oilex@oilex.com.au Tel: +61 8 9485 3200 Australia | AIM Broker Novum Securities Broker Colin Rowbury Email: crowbury@novumsecurities.com Tel: +44 20 7399 9427 UK | AIM Nominated Adviser Strand Hanson Limited Nominated Adviser Rory Murphy/Ritchie Balmer Email: oilex@strandhanson.co.uk Tel: +44 20 7409 3494 UK | Media Enquiries (UK) Vigo Consulting Public Relations Patrick d'Ancona/Finlay Thomson Email: patrick.dancona@vigoconsulting.com finlay.thomson@vigoconsulting.com Tel:+ 44 20 7390 0230 UK |
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