middle.news

ADX Energy Raises A$3.5M to Restart Austrian Drilling and Expand Italian Gas Exploration

9:25am on Thursday 13th of November, 2025 AEDT Energy
Read Story

ADX Energy Raises A$3.5M to Restart Austrian Drilling and Expand Italian Gas Exploration

9:25am on Thursday 13th of November, 2025 AEDT
Key Points
  • A$3.5 million raised via placement to sophisticated investors
  • Funds allocated to recommence Welchau-1 well testing in Upper Austria
  • Permitting and drilling of shallow gas wells in Upper Austria planned for early 2026
  • Seismic acquisition for new Channel gas permit offshore Sicily
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about ADX ENERGY (ASX:ADX)
OPEN ARTICLE