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AIM WINNERS & LOSERS: Bigblu Broadband rises on Quickline stake sale

AIM WINNERS & LOSERS: Bigblu Broadband rises on Quickline stake sale | Financial News

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TRADING UPDATES: Diurnal taps GBP20 million; Victoria buys new assets

TRADING UPDATES: Diurnal taps GBP20 million; Victoria buys new assets
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

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Oilex Ltd raises funds to take full control of Indian gas project

Oilex raises funds to take full control of Indian gas project A look at the major movers on the London market on Wednesday Oilex Limited (LON:OEX) has seen its shares gush up after it finalised the funding to take full control of an Indian gas project, something it has been trying to do for more than four years. It has wanted to buy the 55% of the Cambay field it does not own since 2016 but it got into a spat with its partner - the state-backed Gujarat State Petroleum Corporation Limited (GSPC) - over expense payments which at one point went to an Indian court.

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New account east indies being observations and remarks capt alexander hamilton | South Asian history

New account east indies being observations and remarks capt alexander hamilton | South Asian history
cambridge.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cambridge.org Daily Mail and Mail on Sunday newspapers.

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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Oilex confirms acquisition funding

The board of Oilex Limited has arranged the funding required to complete the acquisition of GSPC s 55% participating interest (PI) in the Cambay PSC. This follows the announcement on 6 April 2021, in which, the company announced that GSPC had provided notification that it had approved the sale of its 55% PI in Cambay to Oilex for the purchase price of US$2.2 million. Following completion of the transaction, Oilex will hold a 100% participating interest in Cambay, and this will provide Oilex with the ability, subject to sourcing the necessary additional funding, to restart field work including a work programme, consisting of the drilling of two vertical wells to appraise the Eocene gas accumulation.

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