AWE Limited (ASX: AWE) advises that the PMP 38158 (Tui) Joint...

AWE Limited (ASX: AWE) advises that the PMP 38158 (Tui) Joint Venture has approved the drilling of two additional wells in the second half of 2013:

• the Pateke-4H infill development well; and
• the Oi exploration well.

The Managing Director of AWE, Mr Bruce Clement, said that the infill drilling plans would, if
successful, enhance the production life of the Tui Oil Fields.
“Tui has been a valuable production asset for AWE and on current projections will continue to
produce through to late 2020.
“The Pateke-4H infill development well has the potential to deliver significant production
enhancement to the Tui project,” Mr Clement said.