Business
DualEx Files 2010 First Quarter Results
DualEx Files 2010 First Quarter Results
About this update from Spartan Delta Corp
[{"type":"text","content":"\n\n\n\n May 27, 2010 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\n DualEx Energy International Inc. ("DualEx" or the "Company") (DXE, TSX-V) today filed with Canadian securities authorities its First Quarter Financial Statements and Management's Discussion and Analysis for the period ending March 31, 2010. Copies of the filed documents may be obtained through www.sedar.com, DualEx's website www.dualexen.com or by emailing DualEx at [email protected].\nAlso, the Company is pleased to announce that its subsidiary, PetroHungaria kft, has re-commenced production from the PEN-105 well (DualEx interest 40.44%) in eastern Hungary. The well is currently producing approximately 2.5 MMscfd of gas and 35 bpd of condensate. The well had been shut-in during the drilling and completion of the PEN-101A well. At PEN-101A (DualEx interest 42.826%), the Company has evaluated the results of a single stage acid stimulation carried out over two sets of perforations totaling 6 metres within the Miocene volcaniclastic reservoir section and has elected to re-perforate the zone. It is anticipated that this work will be undertaken within the next week.\n\nDualEx Energy International Inc. is an oil and gas exploration and production company with operations in the greater Mediterranean area. DualEx's common shares trade on the TSX Venture Exchange under the symbol "DXE".\n\nForward-Looking Statements\n\nThis news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "schedule", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this news release contains forward looking statements and information concerning DualEx's future operations and prospects. The forward-looking statements and information are based on certain key expectations and assumptions made by DualEx, including expectations and ...