• ADX’s acreage in Austria has been modified to include additional near-term, low-risk gas prospects, as well as high-impact, higher-risk opportunities.
• One focus of the 2025 program is to drill shallow, low-risk, high initial production gas prospects that can be rapidly put into production. ADX has more than tripled the number of these prospects within its revised acreage positions at ADX-AT-I and ADX-AT-II, holding 100% WI in the new prospects. A typical well at a shallow gas prospect has an ....

13 Feb 2025
ADX Energy (ASX: ADX): New acreage in Austria increases prospect inventory with a focus on low risk, shallow gas

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ADX Energy (ASX: ADX): New acreage in Austria increases prospect inventory with a focus on low risk, shallow gas
• ADX’s acreage in Austria has been modified to include additional near-term, low-risk gas prospects, as well as high-impact, higher-risk opportunities.
• One focus of the 2025 program is to drill shallow, low-risk, high initial production gas prospects that can be rapidly put into production. ADX has more than tripled the number of these prospects within its revised acreage positions at ADX-AT-I and ADX-AT-II, holding 100% WI in the new prospects. A typical well at a shallow gas prospect has an ....