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  >>> AMADEUS ENERGY
 

Amadeus Energy Ltd (AMU) is a publicly listed oil and gas producer and explorer based in Perth, Western Australia. The company owns long life proven producing oil and gas fields in the USA, primarily in Texas, Kansas and Southern Oklahoma. The primary objective of Amadeus is to acquire, upgrade and expand proven and probable onshore oil and gas reserves to increase production and cash flow, together with identifying and participating in exploration opportunities. By maintaining a balanced debt/equity mix and small debt payback periods on acquisitions, Amadeus has been able to reinvest up to 75% of net operating cash flow to enhance and grow company assets.
TNT Engineering Inc of Wichita Falls, Texas is the managing petroleum engineer overseeing US operations. By searching and identifying producing properties that fit the company's investment and production criteria, Amadeus has formulated a strategy to enhance production and cash flow by increasing recovery through water flooding, drilling moderate risk step-out wells on established producing leases, upgrading existing recovery systems and cutting operating costs.
All oil produced is committed through sale contracts to major refining companies in Texas. The company has achieved steadily climbing production levels through its field enhancement activities, timely acquisitions and exploration.
Decision making and administration processes of the US operation is controlled from the Perth-based Board of Directors.

(from www.amadeusenergy.com )