Adelaide Energy Limited (ASX:ADE) Updates On Spud Date at The Shale Gas Drilling Program

  Adelaide, Australia, Aug 25, 2010 - (ABN Newswire) - Adelaide Energy Limited (ASX:ADE) (PINK:ADEZF) has been advised by the Operator of the PEL 218 shale gas drilling program, Beach Energy (ASX:BPT) (PINK:BEPTF), that the spudding of the first well in that program (Encounter-1) is now expected in early to mid September 2010. ADE has a 10% interest in this program and is carried through the first A & #36;25M (gross) of expenditure thereon.  

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