Capex Data
During this period, Amadeus drilled 31 exploration and development wells across various projects located within Texas, Louisiana, Oklahoma and Kansas. Amadeus has identified new targets within Texas, Louisiana, Oklahoma and Kansas which will be aggressively pursued in the next financial year and beyond. The outlook is to drill a further 25 wells utilising an estimated total budget in excess of US$20 million over the next 12 months. This reinforces the company’s overall strategy to drive shareholder value by increasing production and cash flow through their many exploration opportunities.
Future Plans
No data yet.