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News

Fatprophets Mining & Resources 10 October 2007

10 Oct 2007 -

Excerpt from the Oilex article on the Fatprophets website:

Indian and Indonesian well drilling commences

Oilex is undertaking a very high level of exploration activity over the next 12 months, with a focus on its advanced Indian oil acreage, where success could prove up a commercial oil field. Elsewhere, Oilex is busy in Oman and Indonesia, with almost $67 million in cash to fund its exploration activity. It is timely to provide an update on the company's drilling activity for Members, with wells now underway in both India and Indonesia. 

Please click here to download full article (PDF 608KB)
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