Admiral Oil NL (a wholly owned subsidiary of Oilex Ltd) is pleased to announce the signing of agreements with three Traditional Owners Groups either holding Native Title or claiming Native Title over portions of Oilex's Special Prospecting Authority area, SPA-0055. Entering into these agreements facilitates overflight access for acquisition of the Aerial Gravity/Magnetic Survey and represents a key milestone for this asset.

The data acquisition represents the first phase of exploration by Oilex over its extensive Wallal Graben acreage in the south western Canning Basin. Oilex is committed to maintaining respectful relationships with the Traditional Owner groups and will ensure that all operations are conducted following consultation with the Traditional Owners.

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