AUSTRALIA

Adelaide to boost output next year

ADELAIDE Energy is looking to tie-in its Jacaranda Ridge-2 and Limestone Ridge-1 wells in the Otway Basin by late 2009 to the Katnook gas facility that it had recently acquired from Origin Energy.

Adelaide to boost output next year

This comes after an independent reserves report by Resource Investment Strategy Consultants showed that the company was sitting on proved and probable reserves of about 131,000 barrels of oil equivalent...

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