Wilson-26 in the Raccoon Bend prospect in Texas encountered three oil-bearing zones: 14 feet of net pay in the Wilson channel sand at 2,946 feet, 22 feet of net pay in the 1,750 feet Miocene sand and a further 6 feet of net pay in the Miocene 9A sand at 1,810 feet. The well has now been cased for production.

Amadeus, with 60% working interest, said the success of the Wilson-26 well has created at least two additional close offset drilling opportunities, to add to the intensive drilling program planned for 2005 on the Raccoon Bend project area.

The company is drilling two wells on the Halletsville South project in Lavaca County, Texas. Log and sample data from Butschek-1 indicated the presence of most of the pays which were evident in the Gerdes-1 discovery, 1700 feet to the southwest.

It confirmed a significant areal extent to the accumulation, which appears to cover in excess of 300 acres. 32 feet of net pay were encountered in the 8,150 foot sand, and approximately 20 feet of net pay in the 9,000 foot sand, the two primary objectives of the well.

Amadeus said it would test the well within the month but said it was already apparent that a 5-6 zone, 3-6 well Wilcox field is present, which will be fully developed over the next two years.

At least six potentially productive separate Midcox gas bearing sands were penetrated in Byczynski-1, the most important of which are zones at 9,540 feet, 10,637 feet and 10,965 feet.

A company statement this morning said, based on log analysis, and subject to production testing, it appears that the Matula Channel in the Byczynski-1 could have recoverable reserves in the range of 10-15 billion cubic feet of gas, based on comparisons with wells with similar pay columns in the immediate area.

“The 10,965 foot sand, with its 24 feet of net pay, could easily contain another 2-4 billion cubic feet of reserves. Further drilling will be conducted in the vicinity of the Byczynski well, to tap the zones which will not be produced in the first well,” it said. Amadeus has a 25% interest in both the Halletsville South wells.

Finally, the company said Rash Barrett-5 and 6 had been completed and fracture stimulated and would be placed on production as soon as electrical facilities had been installed.