ADX adx energy ltd
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Ahh yes, one billion brlsI think some of you are getting a bit...

  1. ronstieb
    9,322 Posts.
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    27/08/09
    15:11
    Post #: 5563977
    Ahh yes, one billion brls

    I think some of you are getting a bit ahead of things.

    Of the one billion brls potential, only one well (Sambuca) is scheduled to be drilled over the June and Sept qtr of 2010
    Other wells need funding and are not scheduled until 2011.

    Back to Sambuca, the primary target is estimated P50 126mmbls. Of that, ADX aim to retain a 30% stake.

    ADX Price at posting: 12.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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