• Oilex update 22 Nov 18

    November 22, 2018 | Posted by

    We had a brief chat with Oilex management this morning and can provide the following interpretation of events our side: 1. Firstly, we have been asked about Republic’s sales and whether there is anything to read into this. We cannot comment for Republic save to make the point that they reduced down on the equity […]

  • Zak Mir interviews Joe Salomon of Oilex

    November 12, 2018 | Posted by

    Zak Mir interviews Joe Salomon, MD of Oilex. Click the play button to listen to the audio. https://zakmir.files.wordpress.com/2018/11/oex.m4a Key questions/points discussed: 1. Given the High court of Gujarat ruling can you confirm that you expect to be back in the field in 2019? 2. We note the comment in your last RNS includes a reference […]

  • Oilex – Valuation Model Update Following Court Ruling

    November 5, 2018 | Posted by

    By Dr. Michael Green Post the court ruling in the High Court of Gujarat last Friday it looks like there will be 2 likely outcomes in the weeks ahead for Oilex. We believe both will be highly positive for shareholders as relayed in our blog HERE. In this piece we have revisited our financial model […]

  • Oilex court ruling – “heads we win, tails you lose” situation re judgement

    November 3, 2018 | Posted by

    The court ruling released on Friday in relation to the dispute between GSPC and Oilex is, in our opinion, good news for Oilex shareholders. The conditions imposed upon GSPC by the Judge to allow the Stay to remain in place pending the outcome of arbitration include the requirement on GSPCS’s part to lodge the not insubstantial sum […]

  • Oilex – fund raising provides platform for Cambay Field progression int 2019

    September 11, 2018 | Posted by

    News out this today regarding a capital raising at Oilex with existing shareholder Republic committing just under £200,000 in equity & £138,125 in conv loan capital is good news for all shareholders on many counts. Firstly, with the all important court hearing in Gujarat due next week on the 19th it sends a strong signal […]

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