OEX 20.0% 0.6¢ oilex ltd

News: OEX Oilex Updates On Cambay Dispute

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    Nov 19 (Reuters) - Oilex Ltd (OEX) :

    • UPDATES ON CAMBAY DISPUTE
    • OILEX -GETS NOTICE FROM SINGAPORE INTERNATIONAL ARBITRATION CENTRE THAT GSPC INVOKED DISPUTE RESOLUTION PROVISIONS OF CAMBAY JOINT OPERATING AGREEMENT
    • GUJARAT STATE PETROLEUM CORP REQUIRED TO PAY CURRENT AND ONGOING 55% SHARE OF CAMBAY JOINT VENTURE EXPENDITURE
    • CAMBAY JOINT OPERATING AGREEMENT WILL CONTINUE TO OPERATE DURING ARBITRATION
 
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