AED Oil

The AED Oil Limited (AED ) is a medium-sized company in Australia, operates the business in the deposit exploration and exploitation of oil and natural gas in the Asia-Pacific region. The company, which was founded for the purpose of acquisition, development and commercialization of oil and gas fields and their exploration, headquartered in Melbourne, Australia and offices in Dar es Salaam, Brunei and Jakarta, Indonesia. AED Oil plans an expansion in the South Pacific and is looking for its own account the cooperation with the largest oil companies in the world.

History

The AED Oil is listed on the Australian Securities Exchange ( ASX ) listed since May 1, 2005 an Australian stock market index, which identifies a high proportion of mining companies. Since its inception, AED has supported more than 2 million barrels of oil in the Puffin oil field offshore the Australian city of Darwin in the Timor Sea is about 700 km to the west. This oil field was discovered in 2003.

AED Oil holds interests in other oil and Ergasfeldern as Brunei Block L (Brunei ), Rombebai (Indonesia) and South Madura ( Madura ). The Company intends to further partnerships with world leading companies in the oil and Ergassektor to close. Existing partnerships with the companies Sinopec (China), PetroleumBRUNEI and QAF Brunei (Brunei ), Kulczyk Oil Ventures ( Poland) and Cooper Energy ( Australia).

AED Oil holds for information since the beginning of 2010, 40 % of the shares in the Brunei Block L and intends to expand this share even further, in Rombebai oil field and 100% in South Madura 60%. A further purchase of shares was intended as AED Chairman David Dix in November 2009.