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ADX Energy Unveils Major Upgrade to Welchau Gas and Light Oil Resources
12:09pm on Tuesday 3rd of March, 2026 AEDT
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Energy
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ADX Energy Unveils Major Upgrade to Welchau Gas and Light Oil Resources
12:09pm on Tuesday 3rd of March, 2026 AEDT
Key Points
Welchau-1 well intersected multiple overpressured fractured carbonate reservoirs
Updated prospective resources include 387 billion cubic feet of gas and light oil condensate
Light oil accumulation confirmed with 43.6° API gravity samples
Environmental clearance delays resolved, enabling resumed testing and appraisal
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