Oilex has provided an update on its Indian operations.

Cambay Field

The workover campaign has started with the mobilisation of the rig to Cambay-19z, an oil producer from the Eocene (EP IV) formation. Cambay-19z is located approximately 1.4 km to the west of Cambay-77H. The workover includes removal and cleaning of the production tubing and repositioning the downhole pump to improve well deliverability. Subsequent to Cambay-19z, the rig will move to 1 of 4 candidates;

•Cambay-20, an oil producer currently on self-flow that requires a downhole pump to improve deliverability •Cambay-70 located adjacent to Cambay-77H pad, a gas and oil producer from Eocene/MBS formation •Cambay-60 - tested gas and condensate from OSII formation but never put into production •Cambay-77H - to remove the frac tree, install production tubing and tree

Delivery of components from overseas will determine the sequence in conjunction with optimising rig time. In addition, assessment of other wells continues such that the portfolio of workover candidates is continually hi-graded. Completion of the workover program is expected before commencement of drilling operations at Cambay-78H or Cambay-80H.

Tags: Oilex Ltd