Oilex (OEX) Trading Up 9%

Oilex Ltd. (LON:OEX) shares rose 9% during trading on Wednesday . The stock traded as high as GBX 0.30 ($0.00) and last traded at GBX 0.30 ($0.00). Approximately 15,806,221 shares changed hands during trading, an increase of 793% from the average daily volume of 1,770,000 shares. The stock had previously closed at GBX 0.28 ($0.00).

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Oilex Company Profile (LON:OEX)

Oilex Ltd engages in the exploration for, appraisal, development, production, and sale of oil and gas in Australia, India, and Indonesia. It primarily holds 45% interest in the Cambay field located in the Cambay basin, onshore Gujarat, India. The company was incorporated in 1997 and is based in West Perth, Australia.

See Also: LIBOR

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