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ADX locks in January rig for 8.3 BCF Austrian gas prospect

11:32am on Thursday 12th of November, 2026 AEDT • Oil and Gas
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ADX locks in January rig for 8.3 BCF Austrian gas prospect

11:32am on Thursday 12th of November, 2026 AEDT
Key Points
  • Rig mobilisation scheduled for 4 January 2027
  • 14-day GOLD-1 drilling program in Upper Austria
  • 8.3 BCF mean prospective resource estimate
  • Empyrean to earn 10% economic interest by funding 20% of well costs
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