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ADX Energy Mobilises Rig for HOCH-1 Well Targeting Up to 17.3 BCF in Austria
1:42pm on Monday 13th of April, 2026 AEST
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Energy
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ADX Energy Mobilises Rig for HOCH-1 Well Targeting Up to 17.3 BCF in Austria
1:42pm on Monday 13th of April, 2026 AEST
Key Points
Mobilisation of MND Drilling & Services rig underway, spud expected 16 April 2026
HOCH-1 targets Miocene Hall formation with mean prospective resource of 8.0 BCF
Potential production rates up to 1,500 barrels of oil equivalent per day
Three shallow gas wells planned in 2026, with GOLD-1 and SCHOE-1 to follow
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