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ADX Energy Triples Shallow Gas Targets in Austrian Licence Revamp
11:46am on Wednesday 12th of February, 2025 AEDT
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Energy
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ADX Energy Triples Shallow Gas Targets in Austrian Licence Revamp
11:46am on Wednesday 12th of February, 2025 AEDT
Key Points
Licence areas in Upper Austria optimised with no net increase in acreage or costs
Shallow gas targets tripled, offering low-risk, drill-ready opportunities
Welchau-1 play extended with new prospects including Molln-1 and Rossberg
High-impact oil and gas prospects enhanced by 3D seismic and recent well data
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