reserves update out, page-2

Sydney - Monday - May 5: (RWE Aust Business News) - Amadeus
Energy (ASX:AMU) has total 1P reserves at its US petroleum assets which
include 5.6mmbo and gas reserves of 6.7bcf.
The 2P reserves total 1.4mmbo and 3.7bcf gas.
The company is awaiting a 2P update from TNT Engineering and will
make a further announcement when this is included in the 2P total.
Proven reserves have been valued for banking purposes at $US219m
based at an oil assumption price of $US97 a barrel.
The 3P reserves total a further 6.5mmbo and 74.8bcf of gas.