JPDA 06-103 Production Sharing Contract - EXTENSION
Oilex Ltd (ASX:OEX, AIM:OEX) has been advised by the Autoridade Nacional do Petróleo of Timor Leste (ANP) that the current contract period expiry date of 15 January 2013 for the Joint Petroleum Development Area ("JPDA") 06-103 Production Sharing Contract, has been extended to 15 January 2014. A condition of the extension is the requirement to secure a suitable rig by 15 June 2013
OEX Price at posting:
6.3¢ Sentiment: None Disclosure: Held
