ADX (AUDAX RESOURCES LIMITED) 2009-05-22:
Audax Resources announced that the proposed bidders list for a semi submersible rig to drill the Sambuca prospect has been approved by ETAP. The Sambuca prospect is located in two contiguous Exploration Permits, in G.R15.PU, offshore the island of Pantelleria southwest of Sicily in Italian waters and in the Kerkouane Permit offshore northeast Tunisia. The Company announced that the total P50 unrisked recoverable resource of the mapped prospects in both permits could exceed one billion barrels of oil equivalent.
Tuesday, May 26, 2009
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