ADX Energy Ltd
ADX Energy Ltd is an Australia-based energy producer and explorer.
The business
ADX Energy Ltd is an Australia-based energy producer and explorer. The Company’s portfolio represents both onshore and offshore energy operations across Austria, Romania, and Italy. It operates through three segments: Sicily Channel Offshore Exploration and Evaluation; Romania Exploration and Appraisal/Development, and Austria Production. The Sicily Channel Offshore Exploration and Evaluation segment includes assets and activities that are associated with oil and gas exploration offshore Italy and Tunisia. The Romania Exploration and Appraisal/Development segment includes assets and activities that are associated with oil and gas exploration, appraisal, and development in that region. The Austria Production segment includes assets and activities that are associated with oil and gas production in that region. It holds Gaiselberg and Zistersdorf oil and gas fields in Austria. The Company operates the Parta exploration permit and Iecea Mare production permit in Western Romania.
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Latest news
ADX Energy Builds Hochfeld-1 Case with Three Additional Water-Free Gas Flows
ADX Energy sees water-free gas from three more Hochfeld-1 zones, boosting case for a commercial reserve as Phase 1 testing continues.
ADX Energy Reports Gas Hit at HOCH-1 as Wireline Logging Becomes Next Test
ADX Energy reports gas-filled sands at HOCH-1 in Upper Austria; wireline logging next to confirm reservoir quality and commercial viability.
ADX Energy Reports Positive Gas Flow Rates from Drill Testing of HOCH-1 Well
ADX Energy reports clean-up flow from HOCH-1 Zone 1 at 2.8 MMcf/d (467 boe/d); two-phase testing targets Hall formations, low-cost development.
ADX Energy to Commence Wireline Logging after Gas Hits At HOCH-1 Well
ADX Energy hits biogenic gas at HOCH-1 in Austria; wireline logging to kick off 7 May to confirm reservoir; ~8 BCF mean resource, 17.3 BCF high.
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