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Additional information
Additional Information
Market: ASX
Sector: Oil and Gas Exploration and Production
Epic: ASX:AED
News: Latest news
Web Site: AED Oil
Other Articles: 19-12-2008

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Wednesday March 10, 08:50StatPro FY pretax up 48% in 2009, confident of good growth ahead

All performance indicators showed a marked improvement during 2009, and the financial software provider looks set to continue its good run in the current year.

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Thursday March 11, 07:27BP shells out US$7 billion for Devon Energy's assets in Brazil, Gulf of Mexico and Azerbaijan

In addition, BP will sell to Devon Energy a 50 percent stake in BP's Kirby oil sands interests in Alberta, Canada, for US$500 million.

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Tuesday March 09, 09:55Nidec Corporation adds third factory and laboratory in Dalian City, China

Nidec Corporation (NYSE:NJ), the Japan headquartered manufacturer of small-to-mid-size motors, fan motors, and pivot assemblies, is to expand its presence in China through the construction [...]

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AED Oil

AED Oil

AED Oil Limited (AED) is a Melbourne-based oil exploration and development company with 40% equity interest in the permits AC/P22, AC/L 6 (the Puffin Field) and AC/RL 1 (Talbot) located in the Bonaparte Basin in North Western Australia, 80km South-West of the Jabiru and Challis oil fields and 20km from the Skua oilfield.
Friday, December 19, 2008

AED Oil's Puffin-12 drilling to recommence

AED Oil's (ASX:AED) Puffin‐12 development well in north Western Australia is being drilled in the NE region of the Puffin Field and is the second of a two well programme, the first well of which was the Puffin‐11 discovery approximately 9km away in the SW of the field.

The Puffin‐12 ST3 well has reached a depth of 940m MDBRT (Measured Depth from Rotary Table) prior to a temporary interruption due to cyclone activity in the region. The threat of Cyclone Billy has now diminished with manning up and drilling to recommence shortly.

As reported last week the Puffin 12 ST2 well has two main objectives. The primary objective is to drill and complete a production well at the end of the drilling programme. The secondary objective has been to appraise the eastern extent of the NE sector which is difficult to interpret from seismic and for this purpose various pilot holes have been drilled.

This completes the secondary objective and will enable better definition of the field. The well will now be sidetracked to drill a horizontal section with the objective of being completed for production.

AED Oil was trading at $1.02.

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