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ADX Energy Advances HOCH-1 Shallow Gas Well Drilling in Upper Austria with Significant Resource Potential
10:12am on Monday 4th of May, 2026 AEST
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Energy
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ADX Energy Advances HOCH-1 Shallow Gas Well Drilling in Upper Austria with Significant Resource Potential
10:12am on Monday 4th of May, 2026 AEST
Key Points
HOCH-1 drilling reached 950m depth targeting 1430m total
Mean prospective gas resource estimated at 8.0 BCF
Potential initial production rates up to 9 mmscf/d
ADX holds 50% interest and operates the licence
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