"Strong cash position of approximately $9 million following the over-subscribed
capital raising completed in May 2010. This has resulted in Adelphi being fully
funded for the coming 6-9 months of activity, including 6-8 wells at Sugarloaf, 2D
seismic in Yemen, and up to 3 wells in Yemen expected to commence in late 2010."
Coming 6-8 wells, indicates new ones to me.
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