ADE adelaide energy limited
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pel 105 announcement...increased stake

  1. MrGann
    1,771 Posts.
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    09/10/07
    09:02
    Post #: 2874528
    Another nice annoucement this morning...they just keep coming.

    ADE have struck a deal to acquire an increased stake of PEL 105. Looks like there is no transfer of money,shares etc. ADE have to fund the cost of the first well 100% and the second well costs are shared 50% with Austin.

    Interesting to note they state that PEL105 is just NE of INP's PEL 103.


    DYOR

    ADE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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