Adulis Resources Inc.
11 March 2005
ADULIS RESOURCES INC.
MARCH 11, 2005
CALGARY, ALBERTA
NEWS RELEASE
In view of the recent trading activity, the Company provides an update on
drilling activities at the Sirruma 1 well in the Guajira. The well was spudded
on February 20, 2005 and is the first of two wells on the Salinas Block within
the current proposed ten well program in Colombia.
The well has reached a total depth of 7620 feet. A logging program has been
initiated which includes resistivity and porosity logs in addition to taking
pressure readings and side wall cores to better define possible reservoir
quality intervals. Subsequent to this analysis, a decision on running casing
and testing will be taken.
The Company will undertake further investigation of the well and will provide
updates on any developments in due course.
Enquiries:
Adulis Resources Stephen Newton [email protected] + 0057 1 629 1636
Ray Antony [email protected] + 00 403 266 7512
Pelham Public Relations James Henderson [email protected] +4402077436673
Charles Vivian [email protected] +4402077436672
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