AMU 0.00% 21.0¢ amadeus energy limited

small trades, page-12

  1. 7,351 Posts.
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    Correction.....this second exploratory well has 50 to 75 billion cubic feet of gas potential. It is the third and largest prospect which has the 300 - 500 bcf of gas potential. I am not sure if FAR is still involved. AMU has a 52% interest. If successful, I gather this current well would quadruple their gas reserves?? I imagine a very serious re-rating would ensue.
 
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