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ADX Energy Ltd (ASX:ADX)

ALERT: Price-sensitive ASX Announcement for ADX
Current share price for ADX : $0.025 0 (0%)+
Announcement
Release
15 Jun 2026 9:36AM
Price at Release
$0.025
Full Release
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Summary
ADX Energy Ltd, through its ASX release, announced the preparation for production testing of the HOCH-1 well in Upper Austria. The well was drilled, cased, and completed as of 15th May 2026, revealing up to eight gas reservoirs. The testing will proceed in two phases, with the first phase focusing on the upper Hall formation and the second on the lower Base Hall formation. Perforation of sand intervals is scheduled, and testing results will be continuously updated. ADX Energy Ltd holds a 50% economic interest in this prospect, which is part of a broader exploration initiative in Upper Austria where two additional gas prospects are also set for drilling within the year.
Key Points
  • The HOCH-1 well encountered up to eight gas reservoirs within the Hall formation and the Base Hall formation.
  • Testing is planned in two phases, focusing initially on the upper Hall formation and then the lower Base Hall formation.
  • Perforation of the well is planned, with sand intervals to be perforated sequentially.
  • Testing results will be reported as they become available.
  • ADX Energy Ltd holds a 50% economic interest in the HOCH prospect.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.