Tuesday, May 13, 2008 2:09:04 PM
of exactly what Addax CEO said earlier this morning in Paris ...
***JDZ UPDATE ***
New Addax Presentation 05/13/2008
Tristone Conference Paris, France
Jean Claude Addax CEO presenting
High Impact Opportunities JDZ
**** STARTING IN 2008 ****
High Impact Opportunities with significant upside
*** ARE POTENTIAL COMPANY MAKERS for ADDAX ***
deep water GoG 5 Blocks
GoG this may *DOUBLE* Addax's reserve base
“late 2008” first drilling in which we intend to maximize shareholder value
This year and next will be signficant
Deep Water Exciting Portfolio with promising prospects
1.2 Bbls unrisked 500 risked
Summary Exploration Outlook
JDZ 2008 - 1 well,
JDZ 2009 - 5 wells
Budget of Exploration is increasingly important to Addax
Deep water budget 50% increase
KEY EVENTS in 2008 to look for
**** JDZ Deepwater Drillship of Opportunity ****
Other Notes :
Nigeria is BedRock of Addax – celebrating 10 years of operations, experience in Nigeria has been excellent
Strong Government Relationships which give them an advantage
Exciting opportunites in GoG will be an “Ever growing part of our [Addax’s] Future
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https://tristonecapital-ls.webex.com/tristonecapital-ls/onstage/g.php?p=2 &t=m
To enroll for the event, click on the Large Cap E+P box and then click "Enroll". Follow-up emails will indicate how to join the event.
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