Adelaide Energy Limited (ASX:ADE) Hollick-1 Intersects Significant Gas Show And Reaches Target Depth

  Adelaide, Australia, Mar 30, 2010 - (ABN Newswire) - Adelaide Energy Limited (ASX:ADE) (PINK:ADEZF) is pleased to announce that its 100% owned Hollick-1 well has intersected a significant gas show of 2000 units against a background of 22 units at 2672metres Measured Depth (MD) in the Jacaranda Ridge Sandstone primary objective.  

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