PSA 0.00% 2.1¢ petsec energy limited

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    Anglo Suisse is a privately held company which specialize in shallow water off shore mexico gulf.
    Private investors who know their stuff in this area - this may be a big plus.

    Below is from their website----

    May 2008
    Anglo-Suisse Completes Central Gulf Drilling Program
    Anglo-Suisse Offshore Partners, LLC recently completed a 5 well exploration drilling program in its acreage in the West Delta region of the Central Gulf. All 5 wells encountered commercial quantities of oil and gas and have added significantly to Anglo's daily production. The 5 wells drilled were West Delta 27 AH9-ST2, West Delta 27 AH8-ST2, West Delta 29 #37, West Delta 28 #16 and West Delta 27 #12. The wells were drilled with the Pride New Mexico mat jack-up rig.

    Anglo-Suisse has completed all 5 wells and has 4 wells currently on production; the 5th well is scheduled to be flowing by May 10. Anglo-Suisse is operator for these wells with a 100% working interest.

    John Sherwood, CEO of Anglo-Suisse, said that this was a very successful drilling program and continues the Company's strategy of drilling exploration and development wells in the shallow waters of the Gulf of Mexico. Anglo-Suisse is looking to future drilling programs from its own inventory of prospects and third party prospects.

    Anglo-Suisse is a privately held oil and gas Company with leases in the Central and Western Gulf.

    MMS Recognizes Companies for Safety Excellence on the Outer Continental Shelf
    The Minerals Management Service (MMS) has announced the winners of its 2007 District Safety Award for Excellence (SAFE) honors in the Gulf of Mexico and Pacific Regions. The SAFE Program recognizes and commends those operating companies that expend extra effort and conduct their operations in a manner that adheres to all regulatory requirements, employs trained and motivated personnel, and takes extra steps to enhance the safety of operations.
    (click here for the full article)
 
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Currently unlisted public company.

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