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ADX Energy Raises A$3.58 Million to Expand Austrian Gas Production and Sicily Exploration
9:48am on Wednesday 22nd of July, 2026 AEST
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Energy
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ADX Energy Raises A$3.58 Million to Expand Austrian Gas Production and Sicily Exploration
9:48am on Wednesday 22nd of July, 2026 AEST
Key Points
A$3.58 million placement at A$0.02 per share with free-attaching options
Funds target HOCH-1 multi-zone gas testing and further shallow drilling in Austria
Ongoing production optimisation and new oil exploration near Anshof field
Exploration activities to continue offshore Sicily Channel, Italy
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