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Adelaide Energy Limited is engaged in production of gas and condensate, exploration for oil and gas, and the accumulation and acquisition of hydrocarbon areas. It operates in Australian and the United States and has two segments: production, and exploration and evaluation. Its projects include PEL-105, PEL- 255, West Florence project and PEL-218. It holds 50% interest in PEL-105 includes central Patchawarra Trough permits between the Moorari and Kudrieke fields. West Florence Prospect is located in Fremont County. PEL 218 located in Eromanga and Cooper Basin. During the fiscal year ended June 30, 2010 (fiscal 2010), it entered into an agreement with its joint venture partner in PEL 105 in the Cooper Basin, where a 50% interest in this permit was obtained. During fiscal 2010, the Company completed drilling and testing of the Hollick-1 and Patrick-1 wells in PEL 255 in the Otway Basin. On March 12, 2010, it purchased two companies, Deka Resources Pty Ltd and Well Traced Pty Ltd.

Level 5, 70 Pirie Street
Adelaide, SA 5000
+61-08-82285207 (Phone)
+61-08-82233235 (Fax)


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