Oilex Ltd announces the departure of Chief Operating Officer, Mr Michael Maloney, with effect from 4 October 2013. His responsibilities will be absorbed by current team members based in India. This team includes a number of recent recruits with extensive experience using proven technology to develop tight hydrocarbon resources in North America.
In addition, Vice Chairman, Mr. Sundeep Bhandari resident in India and the Perth Office Leadership Group, with the assistance of our JV Partner - GSPC personnel, will devote additional time to actively develop Oilex's flagship asset, the Cambay Tight Oil and Gas Project.
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Oilex Ltd
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