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Re: None

Monday, 10/19/2009 1:29:15 PM

Monday, October 19, 2009 1:29:15 PM

Post# of 361651
As many ex ADX shareholders as we have on this board, yet no comments on this.

Deepwater Pathfinder at the Kina Prospect
Transocean's Deepwater Pathfinder is the highest paid drillship working off of West Africa. Currently it is under contract with Addax Petroleum for $600,000/day. Earlier this year the drillship drilled four exploratory wells for Addax.

Why would they lie or makeup such a story?

The only deep water blk, ( other than the JDZ) that ADX has is OPL 291, where a deep water drill ship would be needed.
Remember the BIG News that we were supposed to hear about in blk 3. Is that where the DP was drilling? Or maybe blk 1?

Either way, It seems to me that ADX shareholders were kept in the dark about four wells being drilled. And maybe us..

JMO
John