AI assistant
ADX ENERGY LTD — Capital/Financing Update 2008
Mar 18, 2008
64308_rns_2008-03-18_e0a79e6c-06be-46e4-b767-205daa4d059f.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [118 x 109] intentionally omitted <==
18 March 2008
ASX Limited Company Announcements Office 20 Bridge Street SYDNEY NSW 2000
Kairiki Expands Tunisian AMI
Kairiki Energy is pleased to provide an update to the previously announced decision to enter into an Area of Mutual Interest (“AMI”) agreement with Audax Resources Limited in Tunisia. The AMI group in Tunisia has now been expanded to include Nexus Energy Limited, an ASX listed entity (ASX code : NXS).
The revised interests in the AMI are as follows:
| Tunisian AMI | |
|---|---|
| Interest | |
| Kairiki Energy Limited | 33.33% |
| Audax Resources Limited | 33.33% |
| Nexus Energy Limited | 33.33% |
Kairiki’s Managing Director Craig Gumley said
“Both Kairiki and Audax are pleased that Nexus has joined our study group in Tunisia to identify further oil and gas opportunities”.
For further information please contact:
| Craig Gumley | Laurie Brown |
|---|---|
| Managing Director | Exploration Director |
| Kairiki Energy Limited | Kairiki Energy Limited |
| 61 (8) 93886711 | 61 (8) 9388 6711 |
Kairiki Energy Limited | Suite 3 Churchill Court | 331 – 335 Hay Street | SUBIACO WA 6008 AUSTRALIA Phone: (+61 8) 9388 6711 | Fax: (+61 8) 9388 6744 | Website: www.kairikienergy.com | ABN: 34 002 527 906
==> picture [595 x 39] intentionally omitted <==