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Oilex hopeful of success in Timor Sea

OILEX remains optimistic about the potential of its JPDA 06-103 block in the Timor Sea despite di...

Marija Stojkovic
Oilex hopeful of success in Timor Sea

The company said minor oil shows were observed in the target Elang formation of the Lore-1 well and preliminary evaluation indicated there were zones with limited oil saturation in the formation. "The...

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