EXPLORATION

Amadeus success with Rash Barrett A No.3

Amadeus Energy has extended its good run in the southern US states with its most recent well in t...

The most important of these zones is the Hoxbar #2 Sand, which is already on production in the offsetting Rash Barrett #1, #2 and A #1 wells.

Around 22 feet of gross productive section were encountered, 16 feet of which are high quality porous oilbearing sand. The zone encountered 31 feet high to the next highest offset well, the Rash Barrett A#1, suggesting an overall vertical oil column of the accumulation which is in excess of 65 feet.

Oil shows in the Hoxbar 1 Sand were also drillstem tested and yielded clean oil, but the commerciality of this zone is still to be established.

Rash Barrett A No. 3 is the fourth successful completion in this immediate area and is expected to add an additional 80 barrels of oil per day.

The rig has now been moved to the Rash Barrett A No.4 well location, in which the Hoxbar 1 Sand is the primary objective. Results of this next well should be available in the next 7-10 days.

Amadeus owns a 60% working interest in the Rash Barrett lease, the balance being owned by private US partners.

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