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ADX Energy Boosts Austrian Output and Secures Italian Gas Permit Amid Welchau Testing Pause
4:49am on Monday 2nd of June, 2025 AEST
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Energy
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ADX Energy Boosts Austrian Output and Secures Italian Gas Permit Amid Welchau Testing Pause
4:49am on Monday 2nd of June, 2025 AEST
Key Points
Austrian net production up 13% to 246 BOEPD
Sales revenue increased 15% to A$2.5 million
Welchau-1 well testing suspended due to environmental clearance objections
Upper Austria licences renewed and varied to include multiple shallow gas prospects
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