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ADX Energy Begins Drilling HOCH-1 Well Targeting Up to 17.3 BCF in Austria
8:52am on Monday 20th of April, 2026 AEST
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Energy
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ADX Energy Begins Drilling HOCH-1 Well Targeting Up to 17.3 BCF in Austria
8:52am on Monday 20th of April, 2026 AEST
Key Points
HOCH-1 well spud on 16 April 2026 with drilling underway to 1430m depth
Mean prospective resources estimated at 8.0 BCF, high case up to 17.3 BCF
Targeting Miocene Hall formation sandstones with initial production potential of 9 mmscf/d
ADX holds 50% interest and operates the ADX-AT-I licence
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