Ann: Otway Petroleum Project Update , page-4

ICN & ADE have found some CSG potential.

Thus ADE is not just a junior oil & natural gas company. Its in CSG as well.

That adds value to the company, and we should see a re-rating in share price and market capitalisation.

I flicked through the annual report, everything is positive, over $800,000 in revenue compared with last year of $0. Net profit of over $1m. Increased cash levels and cash up for further development. More oil and gas producing permits being added in June 2009.

ADE has a growing potential, and the next thing we are going to see are increased sales and possibly dividends in future.

We are going to see a break of 16c very soon. Go ADE!