AuDAX completes seismic interpretation of Sicily Channel

AuDAX Resources Ltd. says the interpretation of 3D seismic data from the Sicily Channel is compete and ahead of schedule.

Offshore staff

PERTH, Western Australia -- AuDAX Resources Ltd. says the interpretation of 3D seismic data from the Sicily Channel is compete and ahead of schedule. The purpose of the fasttrack cube is to pick the location for drilling the Lambouka-1 well starting around June 14.

The new data confirms a location in Tunisian waters that was based on earlier 2D seismic work. The 3D data also confirms the structural validity of hte Lambouka prospect, says AuDAX.

05/12/2010

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