AMU amadeus energy limited
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Bitzer,What was "very positive" about the announcement?In...

  1. dwal45
    15 Posts.
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    30/09/11
    12:27
    Post #: 9033144
    Bitzer,

    What was "very positive" about the announcement?

    In Central Texas they drilled 6 wells with 2 being put into production whilst the other 4 were P & A. 33% success rate.

    With regard to West Texas, there are still alot of "Ifs" with the 8 proposed development wells.

    Whilst its good to see them drilling, I think people will wait to see the results before committing any capital at this stage.
    AMU Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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