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
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