AMU amadeus energy limited

Unlike most stocks atm Amadeus seems to be getting some positive...

  1. 630 Posts.
    Unlike most stocks atm Amadeus seems to be getting some positive media/broker coverage of late
    last week fin review this week a piece in the Australian
    article on p.22 business section
    ABN Amro reiterates buy recomendation
    "AMU continues to explore for a transforming asset, and Wolf Cowling, currently under test, may deliver this"
    13 new wells in last qtr of which 11 were successful
    qtrly revenue of US$16.2m
    9 new wells added will contribute to higher production in current qtr

    "AMU is well placed to maintain its strategy, and participate in potentially high reward exploration."

    Test results from Wolf Cowling will be very exciting
 
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