Pryme Energy Limited (ASX:PYM) to Present at Symposium Resources Roadshow
Brisbane, Aug 15, 2011 AEST (ABN Newswire) - Pryme Energy Limited (
ASX:PYM) (PINK:POGLY) will be presenting our latest investor update at the Symposium Resources Roadshow being held in Sydney on Tuesday 16th of August and Melbourne on Wednesday 17th of August 2011.
For further information about the Roadshow and to register for this free event please see: http://media.abnnewswire.net/media/en/docs/ASX-PYM-553240.pdf
An updated presentation on Pryme's activities which will be given at the event will be released through the ASX tomorrow.
We look forward to seeing you in person and updating you on our projects during the Resources Roadshow in particular the drilling of the latest well in the Turner Bayou Chalk project, Deshotels 13H No.1.
About Indago Energy Ltd
Indago Energy Ltd (ASX:INK) (OTCMKTS:POGLY) is an Australian listed company engaged in oil and gas exploration, development and production. Indago's project portfolio includes liquid rich producing assets together with substantial oil development and exploration acreage in the United States.
The Company's Exploration and Production focus is on high growth oil and gas projects offering scalability of production, cash flows and reserves. Indago currently has several producing projects together with a significant acreage position. The Company's immediate focus is the development of its Capitola Oil Project located in an active region of the Cline Shale resource play along the Eastern Shelf of the Permian Basin, Texas. The project's core development and exploitation opportunities are shallower multiple "stacked" sandstones and limestones to depths of 7,000 feet which are effectively produced from vertically drilled wells. Indago's value driven model is executed through exploiting shallower, well defined intervals with advanced completion and stimulation technology within known produced oil fields together with exposure to the emerging Cline Shale resource play.
Indago's shares are publicly traded on the Australian Securities Exchange (ASX ticker: INK) and also as American Depositary Receipts on the OTCQX (ADR ticker: POGLY).
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