Articles On Adx Energy (ASX:ADX)

ASX drops to 4-week low, miners lead losses Rio Tinto slumps after $2.5bn lithium investment, iron ore prices fall DigiCo REIT slips on IPO debut   The ASX has closed lower by 0.4% on Friday to near its lowest level in a month. For the we...

ASX drops as tech stocks continue to slide Gold rebounds ahead of US inflation data South32 falls as Mozambique unrest disrupts production   The ASX extended its losses on Wednesday following the weak sentiment from Wall Street overnight....

ASX falls 1pc with banks and miners hit MinRes drops after halting Bald Hill operations Trump taps Musk to lead new DOGE department   Investors were clearly feeling jittery on Wednesday, with many trimming positions in riskier assets amid...

Stocks surge and US dollar jumps as Trump leads ASX rises  amid tight US election race Bitcoin hits record as Trump-linked trades soar   Stocks surged, Treasury yields soared, and the US dollar looked set for its biggest gain since March...

ADX has mobilised a workover rig and testing equipment to Welchau-1 Testing will determine the hydrocarbons present as well as the ability of the well to flow Successful testing will allow for early commercialisation due to proximity of in...

  The ASX fell on new expectations for rate cuts All 11 ASX sectors fell, with real estate and healthcare hit hardest MinRes and Viva Energy dropped, Prodigy Gold rose 50pc   The ASX slid by 1.66% from near record highs in a broad sell-o...

ADX Energy’s LICHT-1 gas exploration well is drilling ahead as planned Drilling is expected to take 30 days to reach planned total depth of ~2900m Success could unlock a number of similar follow up prospects  in close proximity   Special...

ADX Energy has started drilling of the Lichtenberg-1 (LICHT-1) gas exploration well in Upper Austria Well will test a reservoir with best estimate prospective resources of 21.1Bcf of gas as well as two shallower reservoirs Success will upg...

Auctus Advisors reiterates its target price of 75c/sh for ADX Welchau is now interpreted as a light oil rather than a gas condensate discovery based on detailed analysis of samples recovered from the well Auctus suggests onshore oil can...

  ASX rises modestly with mining stocks leading gains Fortescue surges nearly 5pc as iron ore prices climb Star Entertainment plunges over 40pc after trading halt lifted   The ASX rose modestly by 0.1% on Friday, buoyed by a surge in min...

ADX plans to complete a test program in the near term at the Welchau-1 well Company reports a large prospective resources range between 12-217 MMBOE to be confirmed by testing Light oil resources could be valuable in commercial quantities...

The ASX200 closed up nearly 0.95% at 8,203 points, amid China’s stimulus news and as iron ore rose to US$98.75 per tonne. The big miners all tracked the rise and chalked up gains. Crude oil continues its recent decline and is now trading...

ASX 200 snaps a three-day losing streak, adding 0.95pc on a weirdly busy day Consumer Discretionary and InfoTech lead the gains, but Energy lagged Lots of Small Caps did well today… read on to find out why   The ASX has closed higher this...

Stock analysis veteran and lover of the resources game, Peter Strachan, is back for another instalment of the Rock Yarns podcast. In this episode, Peter chats to Ian Tchacos, executive chairman at ADX Energy (ASX:ADX). The company has a por...

  ASX slips after hitting new high ahead of Fed decision Iron ore prices expected to drop below US$80 by 2025 Harvey Norman faces class action lawsuit over warranties   The ASX was a bit of a mixed bag today, hitting a new high before pu...

  ASX slips  as US jobs data fuels Wall Street panic Westpac gets a new CEO Newcomers into the ASX200 index include Guzman u Gomez   The ASX stumbled by 0.3% on Monday after the US jobs report fell short on Friday night, causing Wall Str...

ADX starts drilling the Anshof-2A appraisal well that targets a thicker reservoir than intersected at Anshof-3 Well has the potential to produce oil at significantly higher rates than the 110bpd at Anshof-3 if successful Rig will move to d...

ASX and regional markets are sharply lower after Wall St tech crunch All 11 local sectors hit, InfoTech smashed hardest on -2.7pc Tissue Repair leads small caps on happy TGA approval news   The benchmark has followed sharp falls across...

ADX Energy to drill Anshof-2A oil appraisal well in early September Company to also drill gas exploration well in the ADX-AT-I licence in October Production testing of potentially company making Welchau-1 well is expected during the fourth...

ASX up after Jerome Powell’s reassuring remarks on Fed policy Tech and bank stocks did well but Woolworths dragged Block Inc, parent company of Afterpay, faces a Department of Justice investigation   Aussie shares edged higher by 0.23% on...

Stock analysis veteran and lover of the resources game, Peter Strachan, is back for another instalment of the Rock Yarns podcast. In this episode, Peter chats to Ian Tchacos, executive chairman at ADX Energy (ASX:ADX). The company has a por...

The ASX pared gains after the CPI came in stronger than expected Fortescue led the Mining sector after its quarterly update TikTok’s ban in the US looms   The ASX closed modestly higher today by +0.1% as gains were pared after the release...

ADX Energy secures grant of Italian gas permit in the Sicily Channel Permit d 363C.R-.AX has prospective gas resource of 369Bcf of gas Potential for reversion of 2018 legislation, which could lead to grant of oil rights which includes an o...

ADX Energy commissions Anshof permanent production facility with 3,000bpd capacity Anshof-3 back online with oil production of 134bpd, up 16% from before the well was shut-in Facility allows further Anshof production wells to be tied in...

The ASX200 closed up slightly by +0.1% on Monday as gains in tech and gold stocks were offset by losses in the energy sector.  Energy stocks struggled as crude prices fell more than US$1 a barrel in Asian hours today after Israel confirmed...

The ASX 200 could have another crack at all-time highs set earlier this month, after rising 0.5% and breaching the 7,800 barrier on Monday.  All sectors closed higher today with the exception of Discretionary, which fell modestly. Traders c...

Logging confirms correlation of hydrocarbon shows and open fracture networks that are the key to productivity over a 356m gross interval at Welchau-1 Results are indicative of a discovery with potential for high well productivity Flow of g...

Local markets recover early losses to close slightly ahead Material and Financial gains offset IT and Property losses Small Caps led by ADX Energy   Aussie share markets have recovered from early losses to close Monday, ever so slightly i...

ADX intersects 115m of liquids-rich gas shows in the target Steinalm Formation at Welchau-1 Welchau gas shows are in the same formation and show similar composition to gas from the nearby Moln-1 gas discovery Company will proceed with runn...

Drilling of ADX Energy’s Welchau-1 gas exploration well progressing faster than expected Fracturing noted in carbonate reservoirs, a good sign for future productivity Minor hydrocarbon shows noted in the shallower Lunz Formation   Special...

The ASX200 closed the day down nearly 2 per cent, at 7,704.20 points. Not a single sector made it into the green throughout Monday trades with material losing the most ground, down almost two and a half per cent. The Financials and En...

  Local markets get smashed, drop 1.8pc All 11 ASX sectors down Small Caps led by Task Group   A record close on Friday has found a typically ASX200-flavoured follow-up on Monday after the last session in New York saw US semiconductor dar...

  Local markets are lucky to close a smidgen higher IT and Healthcare sectors offset a 2pc loss for Energy Small Caps led by Enova Mining   Australian sharemarkets lacked all the vim, vigour and vinegar one associates with victory on Mond...

ADX Energy spuds Welchau-1 well targeting 807Bcfe of gas in Upper Austria Drilling expected to take 39 days to complete in the event of success A successful discovery will have no shortage of keen gas buyers   Special Report: ADX Energy h...

  Local markets ride commodities lift to offset weak performance from Wall Street on Friday ASX 200 benchmark finished the day on +0.09pc, a lot higher than it really had any right to Resources led the way, overcoming a significant deadwei...

  ASX200 dragged down by bad drugs The IT Sector is up 1.1pc, Healthcare is down about 3.2pc Small cap winners led by American Rare Earths and Appen   The benchmark was shot through the heart by CSL this morning leaving everything else in...

ADX Energy is days out from drilling the giant, potentially transformational Welchau gas prospect Welchau could host 807Bcfe of gas, a valuable resource in Europe Drilling expected to start on 20 February with operations to last 39 days in...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.   ICYMI Leade...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

The ASX benchmark has closed slightly higher on Monday Energy Sector gains after oil prices rose over the weekend Small caps led Killi Resources, Nyrada and Viridis Mining   The Aussie sharemarket has ended the opening salvo of the week...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today. ICYMI Leaderb...

ADX Energy spuds key Anshof-2 appraisal well that could deliver both increased Anshof field oil reserves and production Well could add 300bpd to Anshof field oil production that was producing at a facility constrained rate of  120bpd from...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.   ICYMI Leade...

Momentum trading involves buying a stock that has shown a significant movement in price or volume. One of the main benefits of momentum trading is that it can generate high returns in a short period of time, especially in volatile markets....

Peter Strachan is a capital markets veteran, resources analyst and lover of the oil and gas game. The brains behind the popular weekly StockAnalysis investment letter, which launched in 2003, Peter has worked in capital markets for over 35...

With Russia’s invasion on Ukraine well into its second year, Europe is resigned to the fact energy and food security have now become long-haul concerns. Spikes in prices and supply disruptions may have dissipated but the steady rise of inte...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

As we transition to cleaner energy production and phase out coal, natural gas has frequently been touted as a viable intermediary solution, as electricity grids worldwide will still foreseeably rely on centralised power grids from constant,...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

Austrian authorities provide clearance of Anshof partnership documentation Anshof and farm-in partner MND Austria to start drilling of the Anshoff-2 well ADX says Anshof 2 has the potential to substantially increase production   ADX Ener...