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BRIEF-Oilex provides Zeta legal proceedings update

Published 03/12/2015, 09:40 am
Updated 03/12/2015, 09:50 am
© Reuters.  BRIEF-Oilex provides Zeta legal proceedings update

© Reuters. BRIEF-Oilex provides Zeta legal proceedings update

Dec 2 (Reuters) - Oilex Ltd OEX.AX :

* Zeta legal proceedings update OEX.AX

* Parties are presently engaged in discussions to explore options for a commercial resolution of the dispute

* Says Oilex has today provided notice to the court and zeta of its intention to defend the legal proceedings

* Parties have further agreed with the approval of the court, not to take further steps in the legal proceedings until 1 March 2016

* Says agreed a timetable with zeta by which Oilex will file and serve its defence and cross claim by 16 December 2015

Source text for Eikon ID:nASX8pjj1g

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