Oilex has reached an exclusivity agreement with Koru Energy for the potential acquisition of up to 50% in the Knox, Lowry + Whitbeck shallow water gas discoveries (KLW) in the East Irish Sea. Koru has exclusive rights to acquire a 100% in P2459 / block 113/28a (Knox) + 113/29a (Lowry), and P2444 / block 110/3b (Whitbeck) from Reach Coal Seam Gas, current owner of the KLW cluster. Â Both companies would seek to bring on stream should the acquisition proceed. Knox DSTâd 12.3 MMcf/d, Lowry 22 MMcf/d from the L. Triassic Ormskirk sst between 1992-2009.
Oilex has reached an exclusivity agreement with Koru Energy for the potential acquisition of up to 50% in the Knox, Lowry + Whitbeck shallow water gas discoveries (KLW). 