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ADX Energy Secures Sicily Channel Permit with 369 BCF Gas Potential Offshore Italy
9:32am on Monday 18th of August, 2025 AEST
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Energy
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ADX Energy Secures Sicily Channel Permit with 369 BCF Gas Potential Offshore Italy
9:32am on Monday 18th of August, 2025 AEST
Key Points
ADX awarded 100% interest in C.R150.AU Exploration Permit offshore Italy
Prospective gas resources estimated at 369 billion cubic feet from five prospects
Shallow water depths and proximity to TRANSMED pipeline enhance economic viability
High-quality historic seismic and well data underpin exploration confidence
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