EXPLORATION

Oilex out of UK

OILEX is leaving the UK not so long after taking its East Irish Sea permit after the UK Oil and Gas Authority did not agree to extending the initial term of its UKP2446 permit.

Helen Clark

Oilex departs East Irish Sea

It requested the extension thanks to COVID-19 related delays that set back its first-phase work program. It only took the permit at the end of last year, using money from the sale of some Cooper Basin...

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