Excellent news!! Oilex is on track to be a juggernaut in the OIL & GAS industry. Prices are going to
Oilex’s Managing Director Mr Joe Salomon said:
“This approval from the Indian government is another positive step in re-establishing the Cambay PSC work program which is directed at establishing gas production from the substantial resource base in the EP-IV reservoir. As previously reported, Oilex has undertaken detailed studies which have outlined the most effective drilling, stimulation and flow testing programs to develop the discovered gas accumulation, and importantly which identified no impediments to potentially building a significant production base from the known EP-IV gas resource.”
