CORPORATE INFORMATION

Overview

Adelphi Energy Limited is a publicly listed Western Australia based petroleum exploration company. The company's objective is to identify and acquire a well balanced portfolio of Australian and international oil and gas exploration assets, with a focus on frontier exploration areas which have the potential to add significant value for shareholders.

Adelphi's current portfolio has a strong emphasis on the Sugarloaf Project in onshore Texas which has the potential for significant reserves and production pending the results of ongoing exploration and testing activities. Prospective exploration acreage in onshore Yemen and offshore Australia round off Adelphi's current asset portfolio in addition to applications and studies for new venture opportunities in SE Asia and elsewhere. [click here to view location map of Adelphi's projects]

The Company has a strategic alliance with ARC Energy Limited ("ARC") via ARC's approximately 32% shareholding in Adelphi and a series of alliance agreements which provide Adelphi with access to ARC's technical, financial and administrative expertise.

Profile

Issued Capital

Fully Paid Shares: 106,458,662

Options (unlisted)

• 900,000 - 18 July 2008 ($0.36)
• 1,500,000 - 28 November 2009 ($0.95)
• 200,000 - 5 April 2010 ($0.75)
• 1,000,000 - 29 January 2011 ($0.35)

Cash ~ $6 million

Bank Debt   None

 

Exploration Assets

To learn more about ARC Energy, please click here.