Exerpt from the Oilex article on the Fat Prophets website:

First well in Oman drilling program underway
Oilex has recently commenced its first drilling programme in Oman, which forms just one part of a diverse international drilling programme, with India the other major country of importance. The combined programme is likely to see the drilling of up to 14 wells within five separate project areas over the next 12 months. With oil prices continuing to trade at close to record levels of between US$90-$100 a barrel, could there be a better time to generate exploration excitement?

"Oman is an exciting exploration destination as it is one of the world's most significant oil producing nations."

Click here to download the full article (PDF, 456kb)