BRIEF-Oilex announces placement to raise $6.8 mln

Feb 17 (Reuters) - Oilex Ltd OEX.AX :

* Placement to raise $6.8 million OEX.AX

* Says placement was priced at $0.072 per share

* Says funds will be used towards development of the Cambay PSC including the drilling of the 77H well

* Source text for Eikon News Search ID:nASX1lVBlS

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