AUCTUS PUBLICATIONS
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ADX Energy (ADX AU)C; Gearing-up to drill a 800 bcf prospect in 6-12 months – ADX is looking to drill the Welchau prospect in Austria in the next 6-12 months. The well is ~1,100 m deep (TVD) and is expected to cost only ~US$ 4 mm, which could probably be funded from ADX’s own balance sheet or with a farm-in partner. The prospect is expected to hold ~650 bcf of natural gas plus 26 mmbbl of condensate (2U) with a downside case of ~170 bc ....

24 Jun 2022
Auctus on Friday - 24/06/2022
TransGlobe Energy Corporation (TGL:TSE), 0 | Southern Energy Corp. (SOU:TSX), 0 | Hartshead Resources NL (HHR:ASX), 0 | IOG PLC (IOG:LON), 6.4 | Jadestone Energy PLC (JSE:LON), 47.0 | Phoenix Global Resources plc (PGR:LON), 0 | Reabold Resources plc (RBD:LON), 0 | Wentworth Resources PLC (WEN:LON), 30.2 | Zephyr Energy PLC (ZPHR:LON), 3.6 | Apache Corporation (APA:NYSE), 0 | Frontera Energy Corporation (FEC:TSE), 0 | ADX Energy Ltd (ADX:ASX), 0 | Energean Plc (ENOG:LON), 1,120
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Stephane Foucaud
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7 pages
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Auctus on Friday - 24/06/2022
TransGlobe Energy Corporation (TGL:TSE), 0 | Southern Energy Corp. (SOU:TSX), 0 | Hartshead Resources NL (HHR:ASX), 0 | IOG PLC (IOG:LON), 6.4 | Jadestone Energy PLC (JSE:LON), 47.0 | Phoenix Global Resources plc (PGR:LON), 0 | Reabold Resources plc (RBD:LON), 0 | Wentworth Resources PLC (WEN:LON), 30.2 | Zephyr Energy PLC (ZPHR:LON), 3.6 | Apache Corporation (APA:NYSE), 0 | Frontera Energy Corporation (FEC:TSE), 0 | ADX Energy Ltd (ADX:ASX), 0 | Energean Plc (ENOG:LON), 1,120
- Published:
24 Jun 2022 -
Author:
Stephane Foucaud -
Pages:
7 -
AUCTUS PUBLICATIONS
________________________________________
ADX Energy (ADX AU)C; Gearing-up to drill a 800 bcf prospect in 6-12 months – ADX is looking to drill the Welchau prospect in Austria in the next 6-12 months. The well is ~1,100 m deep (TVD) and is expected to cost only ~US$ 4 mm, which could probably be funded from ADX’s own balance sheet or with a farm-in partner. The prospect is expected to hold ~650 bcf of natural gas plus 26 mmbbl of condensate (2U) with a downside case of ~170 bc ....