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ADX Energy Confirms Light Oil and Gas at Welchau-1 with Positive Flow Test Results
9:54am on Monday 23rd of February, 2026 AEDT
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Energy
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ADX Energy Confirms Light Oil and Gas at Welchau-1 with Positive Flow Test Results
9:54am on Monday 23rd of February, 2026 AEDT
Key Points
Positive flow testing confirms light oil and gas condensate at Welchau-1
Acid stimulation performed but did not fully access fracture network
Updip light oil accumulation mapped approximately 500 metres from well
Reservoir characterized as overpressured with multiple appraisal targets
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ADX ENERGY (ASX:ADX)
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