DualEx Delays Start Up of Portugal Drilling Program
The drilling rig contracted by DualEx Energy to undertake the Lusitanian Basin drilling program has been delayed leaving China, where it is undergoing final stages of construction. This newly built rig is now scheduled to arrive in Portugal in December, where it will first undertake the deepening of the Lapaducos-2 well. The rig will then be mobilized to the Aljubarrota-4 location.
Surveying and permitting continues on the Torres Vedras 3D seismic program, where field data acquisition is scheduled to commence in the 4th quarter.
DualEx has a 10% working interest in the Torres Vedras-3 and Aljubarrota-3 Concessions, which contain 321,000 acres and 311,000 acres respectively.
DualEx Energy International Inc. is an oil and gas exploration company with operations in the greater Mediterranean area. DualEx's common shares trade on the TSX Venture Exchange under the symbol "DXE".
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