Articles On Adx Energy (ASX:ADX)

Austrian Science Fund to investigate industry and renewable energy applications Welchau hosts prospective resource of 807 billion cubic feet of gas equivalent Science project will contribute A$0.6 million of the project’s A$0.75m budget AD...

Drilling and testing permit granted for the Welchau-1 gas exploration well, targeting 807Bcf of natural gas Located right in the heart of gas-hungry Europe and proximal to existing gas pipelines The well is up dip from the historic Molln-1...

The Anshof field in Upper Austria has been an oil producing winner for ADX, strong enough in fact to attract a major European Industry farm-in partner to fund and accelerate further development. The Anshof-3 discovery well is currently prod...

Stockhead’s In-Case-You-Missed-It highlights some strongest performing ASX stocks that might have slipped your notice today.  It’s a short, sharp update to help frame the trading day by showing some of the biggest movers in percentage terms...

Oil and gas companies may be on the nose with some investors, yet with funding for new supply lagging even as demand remains persistent, prices for the commodity are sitting at historically high levels. The war in Ukraine has disrupted oil...

Investors have demonstrated their support for ADX and its ongoing drilling and development activities in Austria by providing $1.5m in loan note funding. Proceeds from the loan note, which has a term of 18 months and is provided by supporti...

There are 729 metals and mining companies across the ASX, far and away the most of any sector in the Aussie market, and 554 of them at the rich opportunity end of the investing game with a market cap of under $100 million. They may not be R...

Energy security had been a central theme in any economic calculations in recent years thanks in no small part to Russia’s invasion of Ukraine, which underscored just how vulnerable Europe was to having its gas supplies cut-off. Gas prices t...

While recent attention has been on the planned drilling of the Giant Welchau gas prospect ADX’s Anshof-3 oil well in Upper Austria marks the beginning of a sustained drilling effort that could deliver greatly increased energy resources and...

If Saudi Arabia had been hoping that its unilateral decision to slice 1 million barrels off its daily production at the latest OPEC meeting would bolster oil prices, which have for most part remained below US$75 per barrel in the past two m...

ADX has announced an independent verification of the prospectivity of its giant Welchau gas prospect in Upper Austria as it works to put all the pieces into place for drilling to start in September. International energy consultants Gaffney...

Junior oil and gas play ADX Energy (ADX) claims an independent review of its Welchau prospect in Austria confirms its “large resource potential” International energy consultants Gaffney Cline & Associates conducted the review, which...

Over the past few months, Australian Prime Minister Anthony Albanese has repeatedly and publicly doubled down on natural gas as the fuel to drive the energy transition. While sparring with the Australian Greens over energy policy, Albo has...

The Brent crude oil benchmark has climbed more than 5% to US$84.17 per barrel after everyone’s favourite cartel OPEC and its allies unleashed a surprise output cut of about 1.16 million barrels per day. It was accompanied by Russia extendin...

Austria’s Ministry of Finance awards ADX Energy (ADX) a production licence for its Anshof oil field The licence enables ADX to expand the development of the oil field, including the drilling of two development wells in the next 12 months...

The road is now clear for ADX to substantially increase oil production after it was awarded the crucial production licence for its Anshof oil field in Upper Austria. The licence awarded by the Austrian Ministry of Finance provides the frame...

Stockhead’s Prepped and Primed video series is a summary of development plans from company leaders, who share what investors can expect to see in the year ahead. In this instalment Ian Tchacos, Executive Chairman at ADX Energy (ASX:ADX) sha...

ADX is gearing up for the drilling of a potentially transformational gas prospect in Austria and where the recent entry of TSXV-listed MCF Energy could  increase the international profile of its exploration efforts. MCF Energy Ltd (MCF), wh...

Its quarterlies season again as the ASX market announcements page becomes increasingly flooded with earnings lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caugh...

ADX Energy (ADX) announces that Kepis & Pope Financial Group (KPFG) assigned its interest in the Welchau farm-in agreement to MCF Energy Dual-listed gas explorer MCF Energy will fund 50 per cent of the cost needed to drill the Welcha...

ADX Energy has completed the Welchau Gas Prospect farm-in with Kepis & Pobe Financial Group (KPFG) who have satisfied completion conditions including the payment of initial farm-in funds. KPFG will fund 50% of the Pre-drill Well Costs o...

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.   In this episode, host Peter Strachan discusses the ‘hot topic’ of high natural gas prices as we look to 2023 & be...

Stockhead’s Year in Review video series is a yearly wrap up address from company leaders showcasing latest achievements, discoveries and developments of emerging ASX companies.  In this instalment Ian Tchacos, Executive Chairman at ADX Ener...

ADX has secured farm-in funding for the drilling of the potentially transformational Welchau-1 gas exploration well in Upper Austria. Welchau has the potential to host a best technical Prospective Resource of 807 billion cubic feet of gas u...

ADX Energy (ADX) secures funding to drill a new well at the Welchau gas prospect in AustriaKepis & Pobe Financial Group (KPFG) agreed to cover 50 per cent of the drilling costs in exchange for a 20 per cent interest in the Welchau farm-...

ADX Energy (ADX) confirms 5.2 million barrels of proven and probable (2P) gross reserves within the ADX-AT-II licence, Upper AustriaThe estimated net present value for the 2P gross reserves is €42.3 million (A$67 million)With the new estima...

ADX has received a massive 239% boost to its Austrian 2P reserves after pencilling in an independently assessed 2P reserve of 5.2 million barrels of oil for its Anshof project. RISC Advisory’s independent audit of reserves and resources for...

ADX is poised to become a significant Austrian oil producer with the start of commercial production at its Anshof-3 well being the harbinger of more to come. The 80%-owned well is currently producing at a stable, controlled rate of 100 barr...

ADX Energy (ADX) begins commercially producing light crude oil from its Anshof-3 discovery well within the ADX-AT-II license in Upper AustriaWhile production is constrained to 100 barrels of oil per day for the time being, this rate boosts...

ADX Energy is studying the best way to install solar photovoltaic plants with potential power generation capacity of 2MW at its Vienna Basin oil and gas fields in Austria. The company has signed a letter of intent with RWA Solar Solutions,...

For years, sentiment towards oil and gas exploration and development grew increasingly negative as the world started its great pivot towards cleaner energy amidst growing realisation that climate change was very real. However, the prolonged...

Next month, ADX Energy (ADX) will start production from its Anshof Oil discovery in Austria. Executive Chairman Ian Tchacos attended the RIU Good Oil and Gas Energy Conference in Perth this week to promote the company’s work in the Vienn...

Sentiment towards natural gas is increasingly positive if the mood at RIU’s Good Oil Conference in Perth this week is any indication. There is also a notable preponderance of gas-focused plays presenting or exhibiting at the conference this...

ADX Energy (ADX) executes commercial arrangements for long-term oil production testing at the Anshof-3 discovery well in Upper AustriaThe company collaborated with RAG Exploration and Production for the lease of an early production system (...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

What is going on with world energy markets?What is the Domestic Gas Security Mechanism (DGSM) and what does it mean for energy companies and their investors?The RIU Good Oil and Gas Energy Conference is on in Perth this weekSet against a vo...

ADX Energy (ADX) has been offered the opportunity to ratify its gas exploration licence held in the Sicily channel, offshore ItalyThe ratification is subject to a number of conditions, including that only the gas potential within the licenc...

Highlights Penny stocks generally trade under AU$1. These are seen to be riskier than regular equities due to low liquidity. Experts advise investors to be careful while dealing in penny stocks. Penny stocks represent...

Greens support of 43% target hides a cunning plan FHE begins trading on OCT market to attract North American investors ADX looks to raise more than A$2m for drilling and renewable energy investment    Despite its previous threats to scutt...

ADX Energy (ADX) raises $2.55 million through a share placement to accelerate exploration across its Austrian projects The company will issue 425 million new shares to private investors at 0.6 cents per share For every two new shares subsc...

The ASX 200 is up 0.6%, the XEC small caps index is down 0.8%  Tomorrow is RBA day, Wednesday is OPEC+ arvo We all should’ve bought into CBE last week, dammit    The local sharemarket is creeping quietly higher on Wednesday, with the reso...

RockTalk is a Stockhead video series featuring a roundtable of resources experts discussing a new macro topic each week.    Sanctions on Russian supplies of oil and gas, following recent conflicts, have lifted pricing for oil and gas. Howev...

European energy prices have gone from eye-watering to outright nightmarish with preliminary Eurostat data showing a 39.2% increase in energy prices in May, up further from a rise of 37.5% in April. This is best illustrated by the current Eu...

ADX has moved to secure strong revenues for its Vienna Basin oil production by hedging about 50% of its proved reserves through a new zero-cost contract with BP. The hedging contract covers average production of about 115 barrels of oil per...

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). ADX Energy is a Europ...

ADX’s Anshof-3 well has performed better than expected with a maximum flow rate of 132 barrels per day of light crude during testing, higher than initial estimates of 75bpd. It doesn’t stop there. Downhole pressure data recorded during the...

The good oil out of Upper Austria is that Aussie-listed ADX has flowed about 75 barrels per day of light crude with no water during testing of its Anshof-3. This is an encouraging result as it comes in at the upper end of the company’s expe...

Testing of ADX’s Anshof-3 oil and gas discovery in Upper Austria is imminent with the contracted workover rig mobilised to the well location. The test program will evaluate the long-term production and economic potential of the Eocene oil z...

ADX Energy (ADX) secures €782,157 (A$1.14 million) in COVID-19 pandemic subsidy funding from the Austrian government The subsidy was paid by COFAG, Austria’s financing agency that supports Austrian companies to reduce the economic disrupti...

As Europe faces unprecedented concerns about the security of its energy supply, ADX Energy has received further financial support from the Austrian Government to maintain the growth of its important portfolio of oil, gas and renewable energ...