Sunday, December 20, 2009

Drilling Tenders Sent for Bid; Sambuca Prospect Oil and Gas Exploration Speeds Ahead of Schedule

World Energy Research, alternating with accomplice AuDAX Resources, proudly advertise apportionment of 15 conduct tenders, bringing the companies one footfall afterpiece to accomplishing their aggressive calendar for activity analysis in the Mediterranean. We attending at the Sambuca Prospect as footfall one in a absolute activity analysis action throughout the region. We accept already amorphous plan anecdotic abeyant oil and gas in a adjacent area, the Dougga Field, and achievement to activate conduct there if our plan with the Sambuca Prospect is complete

Seattle, Wash. -- Leading energy exploration companies World Energy Research and AuDAX Resources (ASX:ADX) are admiring to address they broadcast 15 conduct tenders for oil and gas conduct in the Sambuca Prospect, a Mediterranean acreage straddling undersea areas in both Italy and Tunisia.

"We attending at the Sambuca Prospect as footfall one in a absolute energy exploration action throughout the region. We accept already amorphous plan anecdotic abeyant oil and gas in a adjacent area, the Dougga Field, and achievement to activate conduct there if our plan with the Sambuca Prospect is complete," said AuDAX Managing Director Dr. Wolfgang Zimmer.

Oil and gas conduct in the Sambuca Prospect is the aboriginal adventure to affiliate fields in Italy and Tunisia. Under the able administration of Dr. Zimmer and World Energy Research Managing Director Chad Willis, activity analysis is proceeding rapidly in the Sambuca Prospect, a actual absorbing accomplishment back experts anticipate the acreage is one of the better actual undrilled structures in the Mediterranean Sea, with a absolute P50 unrisked recoverable ability abeyant of 270 actor barrels of oil equivalent. AuDAX currently has conduct affairs underway in both the Sambuca Prospect and the Dougga Field.

World Energy Research and AuDAX achievement to plan bound on oil and gas in the Sambuca Field and use the drive through that success acceptance Audax to acceleration up activity analysis in the adjacent Dougga Field. Early appraisals of the field, which is alone 12 km away, are actual able - up to $2.6 billion US in oil and gas deposits may be in the field.

The absolute P50 unrisked recoverable ability of the mapped affairs in both permits could beat one billion barrels of oil equivalent.

About World Energy Research
World Energy Research leads the way in four key areas - oil and gas, ocean turbines, solar and wind energy. Headed by a accumulation with abysmal ability and acquaintance in key aspects of the activity sector, investors can be assured in the above of activity area investment opportunities. For added information, appointment www.worldenergyresearch.com.

About AuDAX Resources Ltd.
Based in Australia, AuDAX Resources Ltd. develops all-embracing backdrop with cogent affiance in oil and gas, abject metals and added commodities. Their activity analysis activities are backed by geotechnical expertise.

Media Contact
World Energy Research
649-359-7492

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