30 December 2009 Company Announcements Platform Australian Stock Exchange Limited Exchange Centre 20 Bond Street SYDNEY NSW 2000 Via ASX Online COMMENCEMENT OF KOWALIK #1H FRACTURE STIMULATION PROGRAM Adelphi Energy Limited (Adelphi) advises that fracture stimulation operations on the Kowalik #1H well commenced on 28 December 2009 (US CST), with the stimulation of approximately 3,800 feet of the slotted liner section presently underway.
Following stimulation of this section with a single large treatment, the remaining 850 ft of conventional solid liner will be treated in four stages with an isolation plug between each one.
This program will take approximately seven days to complete following which the well will be cleaned up, completed for production and flowed to sales.
Further details of this operation were provided as part of the ASX release dated 22 December 2009 which is available on the Companys website at www.adelphienergy.com.au.
ADI Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held