Oilex bolsters board with upstream expert


(MENAFN- ProactiveInvestors)

Oil and gas explorer and producer Oilex (ASX:OEX LON:OEX) has appointed an upstream expert to its board.

The group hired Jonathan (Joe) Salomon 59 as an independent non-executive director.

He was previously a manager at Murphy Oil Corporation (NYSE:MUR) an independent international oil and gas company.

At various times in his career Salomon has acted as an independent consultant for a number of oil and gas companies Oilex said.

It means trading of the dual-listed company’s shares has resumed on the Australian Securities Exchange after being halted until a new board member was added.

Oilex's main assets are a near-production project in India and an early-stage exploration project in the Canning Basin North West Australia.

 

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