Amadeus attributed this record sales revenue to high spot oil prices, the Halletsville wells in Lavaca County, Texas, coming on-line and two months of production from its two new US projects acquired during the quarter.

The company said Hurricane Rita did not materially impact on its production, after the Raccoon Bend wells were shut-in for three days as a precaution last month.

Amadeus’ cash balances for the quarter totalled A$1.2 million.

Following its US$28.6 million Texas acquisition of two oil and gas production assets – the Shackelford/Stephens and Ford East projects – as well as its exising projects, Amadeus recorded a four-fold increase in gas production, from 42,553 thousand cubic feet to 182,412 MCF. Meanwhile, its oil production also increased from 69,683 barrels to 87,565 barrels.

Of the 14 wells drilled during this period, nine (64%) were successful, said Amadeus.

Over the quarter, Amadeus spent nearly US$3.6 million on exploration and development operations in the US.

It said minimal activities took place in its Australian operations – Savory Basin permit EP380 in Western Australia. Here, the company only spent A$2,821 on operations.

In other company-related news, Amadeus announced that the Racoon Bend Project’s Rufus Hardy B-32 well in Waller County, Texas will be plugged and abandoned, even though oil shows were indicated during logging.

The drilling rig is now moving to the Karen Coursey-1 well in the same project, which has a planned total depth of 1036.2 metres.

Amadeus has a 60.5% interest in the project.