Amadeus Energy Limited is a Perth-based oil and gas producer and explorer listed on the Australian Securities Exchange (ASX Code: AMU). The company owns long-life proven producing oil and gas fields and exploration acreage in the United States spanning more than 250,000 acres (110,000 hectares).
In 1996, the Company commenced business with petroleum assets primarily in Texas. Today, the Company has significantly expanded its oil and gas production and exploration interests in 36 counties across the four US states of Texas, Kansas, Oklahoma and Louisiana.
Amadeus Energy’s objective is to acquire, upgrade and expand proven and probable onshore oil and gas reserves to increase production and cash flow, while identifying and participating in exploration opportunities.
The Company has achieved an ongoing increase in its production and reserve levels through field enhancements, timely acquisitions and exploration success.
By maintaining a balanced debt/equity mix and small debt payback periods on acquisitions, Amadeus has been able to re-invest up to 75% of net operating cash flow to further enhance and grow the Company.
In 1996, the Company commenced business with petroleum assets primarily in Texas. Today, the Company has significantly expanded its oil and gas production and exploration interests in 36 counties across the four US states of Texas, Kansas, Oklahoma and Louisiana.
Amadeus Energy’s objective is to acquire, upgrade and expand proven and probable onshore oil and gas reserves to increase production and cash flow, while identifying and participating in exploration opportunities.
The Company has achieved an ongoing increase in its production and reserve levels through field enhancements, timely acquisitions and exploration success.
By maintaining a balanced debt/equity mix and small debt payback periods on acquisitions, Amadeus has been able to re-invest up to 75% of net operating cash flow to further enhance and grow the Company.
