As part of its strategy to build the company by acquiring sound producing assets with a long life...
Amadeus said total acreage in the area consists of approximately 1,160 gross acres, which currently produces around 350 barrels of oil per day and 520 million cubic feet of gas per day.
The company said the purchase price was $US1,625,000 with Amadeus's share being $US1,300,000. Operator of the lease is the Texan-based outfit TNT Engineering Inc of Wichita Falls.
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