TIMOR SEA DRILLING UPDATE LOLOTOE-1 WELL
Oilex Ltd (ASX/AIM: OEX) advises that the Lolotoe-1 well spudded at 02:30 (WST) on 17 December 2009.
At 16:00 (WST) on 23 December 2009 the well is at a depth of 2,496 metres preparing to cement 13 3/8
casing. The Lolotoe-1 well is the second well of a 2 well program in the Timor Sea contract area JPDA 06-
103.
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