OilCorp Announces $3 million Capital Raising

OILCORP PTY LTD is pleased to announce a AUD$3 million (USD$2.3m) capital raising to fund in-fill drilling to further define the JORC estimate of 3.6 – 4.8 billion barrels of oil and undertake detailed analysis of the EcoShale® processing technology.   OilCorp is undertaking the $3m capital raising to fund: Detailed analysis of the EcoShale® process at Red Leaf Resources laboratory