AMU 0.00% 21.0¢ amadeus energy limited

Hi PaulLast quarter AMU drilled 4 new development wells...

  1. 7,638 Posts.
    lightbulb Created with Sketch. 15
    Hi Paul

    Last quarter AMU drilled 4 new development wells successfully, these wells we have a WI of approx 88%
    AMU also has an ongoing programme of re-opening wells shut in by previous operator.

    As i understand it the company was somewhat restricted in its activities under the terms of the Eden takeover, this is no longer the case.

    Balance sheet has been significantly strengthened and the Co is now debt free.

    Its not all bad news

    I do think that the board should be releasing more info in a timely fashion with regards its drilling and workover programs
 
watchlist Created with Sketch. Add AMU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.