I don't think GOG is rising because of Nulla- as that's an...

I don't think GOG is rising because of Nulla- as that's an unknown quantity - I believe the agreement with Oilex to enter Otway partnership is getting close to fruition and that is very exciting.
Posting oldish Oilex ann with details from mid September.
Go GOG!!


Level 2, 46 – 50 Kings Park Road West Perth Western Australia 6005 P.O. Box 588 West Perth Western Australia 6872
Telephone (61 8) 9226 5577 Facsimile (61 8) 9226 2108 email: [email protected] www.oilex.com.au
13 September 2004
Centralised Company Announcement Office
Australian Stock Exchange Limited
10th Floor, 20 Bond Street
Sydney, NSW 2000
Dear Sir,
RE: FARM-IN AGREEMENT EPP 27 OFFSHORE OTWAY BASIN WITH GREAT ARTESIAN
OIL & GAS LTD
Oilex is pleased to announce that it has entered into a Farm-in Agreement with Great Artesian
Oil and Gas Ltd for the right to earn a 60% interest in EPP 27 by funding 100% of the cost of
drilling one well on EPP 27, with an option to drill a second well in order to increase its
interest to 75%.
Under the terms of the Farm-in Oilex is required to raise sufficient funds to pursue its earning
programme by 15 November 2004.
For and on behalf of the Board
David Archibald
Managing Director