MAE 0.00% 0.0¢ marion energy limited

preopen, page-5

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    re: preopen--comments.. this appears to be important----35 wells to come

    "Commenting on the Placement, Marion’s CEO, Mr.Jeff Clarke said “ that the Company is very pleased to welcome Swisspartners as a shareholder. The private placement will allow Marion to further accelerate its drilling and workover program, especially in its Clear Creek and Helper projects in Utah, USA. Building on the recent string of positive results, including the recent successful drilling and/or testing of five wells in Helper, the new, accelerated program envisages the Company drilling up to 35 new wells in Utah in the remainder of the 2006 calendar year and further expanding its land acquisition activities in the area.”
 
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Currently unlisted public company.

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