SEPTEMBER 2007 QUARTERLY ACTIVITIES REPORTOverviewAdvance Energy...

SEPTEMBER 2007 QUARTERLY ACTIVITIES REPORT
Overview
Advance Energy Limited, (“AVD”) presents the following highlights for the quarter ended 30 September
2007:
• Receipts from customers exceeded A$1,077 million
• Reflected positive net operational cash flows of A$548,000
• Successfully drilled and completed the Strain 16-4 well on the Motherlode Phase II Totem Prospect.
• Executed the development plan on the Company’s Possum Kingdom and Lone Camp Assets.
• Reprocessed 75 square miles of 3-D seismic data on the Company’s Motherlode Phase III Project and
began acquiring various leasehold positions under the various targets identified.
• Raised an additional A$350,000 through the issue of new shares.

Year to date
( 9 months) $A’000
1.1 Receipts from customers $ 2,752

Preliminary Final report due around the 28th of February, 2008 will build on the performance of 2007, will it be a stella performer ? I don't know, I hope it is.