Oilex Ltd is an Australia-based company engaged in exploration, development and production of hydrocarbons. During the fiscal year ended June 30, 2012, the Company was primarily engaged in the exploration of oil and gas, appraisal and development of oil and gas properties, and production and sale of oil. The Company has interests in three field re-development and exploration projects in India which include Cambay, Bhandut and Sabarmati fields; two exploration permits offshore Australia; one production sharing contract in the Joint Petroleum Development Area between Timor-Leste and Australia; one exploration and production sharing agreement onshore Oman and one production sharing contract onshore Sumatera Indonesia. The Company operates in India, Australia and joint petroleum development area (JPDA).