Roland Wessel, CEO and Director of Oilex Ltd (ASX:AIM:OEX) Interview
Apr 08, 2022, 03:09 PM
Today subsequent to the receipt of the Consent to Operate from the Gujarat Pollution Control Board, production has re-commenced on the Cambay field together with gas sales.
Oilex’s Chief Executive Officer, Roland Wessel, said:
“The re-establishment of production from the Cambay gasfield has occurred soon after the Indian government announced that the price of domestic gas would more than double from $2.9 per mmbtu to $6.1 per mmbtu. This will provide a material benefit to Oilex’s cash flow.”
Here is the list of the questions asked in the interview:
Here is the list of the questions asked in the interview:
- You announced this morning that production has re-started on the Cambay field. Can you explain why the re-start took so long?
- Your RNS this morning mentioned the Cambay C-77H refract – can you provide some information on this?
- What is the impact of the recently announced Indian domestic gas price increase for Oilex?
- How do you envisage the future news flow for the Cambay field?
- Can you provide an update on the Medway Hub CCS project?