Oilex said production from its Cambay-77H well in India has been boosted by an additional 51 barrels since start-up 10 days ago.
The company said the most recent estimate shows initial production has now reached 715 barrels of oil equivalent.
Earlier this month Oilex said it would continue its workover of its Cambay field in India.
Oilex has asked its shareholders to vote in support of a capital funding program for work on the Cambay and Bhandut fields and the Canning basin.
The company is looking to build on a “growth opportunity” which it says is underpinned by a recent independent reserve classification of gas and light field oil in the region.
Managing director Ron Miller has written to shareholders asking for support to make the new investments.
