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:






  • 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?


https://www.share-talk.com/roland-wessel-ceo-and-director-of-oilex-ltd-asxaimoex-interview-2/




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