• 1Q23 production was 299 boe/d including 88 bbl/d for Anshof. In March net production from Anshof has increased to 94 bbl/d. Overall net production in March including the Zistersdorf & Gaiselberg fields (Z&G) was 336 boe/d.
• Additional site storage is planned to be installed at the Anshof-3 well location in June which will enable the production rate to be increased to ~ 150 bbl/d (120 bbl/d net to ADX).
• A second 50 m³ oil storage tank is expected to be installed and commissioned on the wel ....

01 May 2023
ADX Energy Limited (ASE: ADX): 1Q23 in line with expectations. Growing production at Anshof

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ADX Energy Limited (ASE: ADX): 1Q23 in line with expectations. Growing production at Anshof
• 1Q23 production was 299 boe/d including 88 bbl/d for Anshof. In March net production from Anshof has increased to 94 bbl/d. Overall net production in March including the Zistersdorf & Gaiselberg fields (Z&G) was 336 boe/d.
• Additional site storage is planned to be installed at the Anshof-3 well location in June which will enable the production rate to be increased to ~ 150 bbl/d (120 bbl/d net to ADX).
• A second 50 m³ oil storage tank is expected to be installed and commissioned on the wel ....