Articles On Adx Energy (ASX:ADX)

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...

ADX Energy is on the cusp of getting a firm handle on just how strong its Anshof-3 oil and gas discovery in Upper Austria will perform, when flow testing starts later this month. The RED W-101 workover rig will mobilise to the well site in...

ADX has completed a well work program that has increased oil and gas production from its Gaiselberg and Zistersdorf fields in the Vienna Basin by 25%. The two fields are now producing at a rate of 318 barrels of oil equivalent – consisting...

ADX Energy’s recently completed work program in Austria’s Vienna Basin has resulted in a 25 per cent increase in production rates The program included repairs on two wells and the perforation of behind pipe reserves in another two wells wi...

This year has been one of upheaval in the energy sector with events clearly highlighting that despite increasing the push to adopt reduce emissions, the renewables sector is nowhere ready enough to power up an admittedly very energy hungry...

Stockhead’s Q-Wrapz video series features one-on-one interviews showcasing the latest quarterly results of emerging ASX companies. In this instalment, veteran resources journalist and ‘Garimpeiro’ columnist Barry FitzGerald interviews Ian T...

ADX Energy begins preparations to undertake an oil (Eocene primary objective discovery) and gas (Miocene discovery) test on the recently drilled Anshof-3 exploration well in the ADX-AT-II licence in Upper Austria. The RED Drilling and Serv...

ADX Energy (ADX) begins preparations for production testing operations at its Anshof-3 exploration discovery well in Austria Focus is on the deeper Eocene sandstone reservoir oil zone and the shallower Miocene sandstone reservoir gas zone...

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 Europe...

ADX is now preparing to test its Anshof-3 well in Upper Austria after confirming last week that it had intersected commercial oil and gas reservoirs. The company noted that the well in the ADX-AT-II licence has been suspended in preparation...

Mission accomplished. ADX Energy has confirmed the discovery of commercial oil and gas reservoirs in electric well logging results at its closely watched Anshof-3 Well in Austria, with plans to open a second production front in the Europea...

ADX Energy (ADX) said results of electric line logging operations at the Anshof-3 exploration well have provided further confirmation of the discovery of an oil zone Current operations on the Anshof-3 well include preparation to run and ce...

Here’s the latest from one of the most-watched drills of 2022, the Anshof-3 exploration well.   Spudded on December 18. It’s Day 23 of the drill, located in the ADX-AT-II license in Upper Austria, about 10km’s from Voitsdorf loading station...

ADX Energy’s (ADX) Anshof-3 well reaches a total depth of 2499 metres in an 8.5-inch hole its Anshof prospect in Vienna ADX is currently working on electric wireline logging to further evaluate oil and gas zones intersected in the well Wir...

Australia will begin exporting clean hydrogen to Japan as part of a multimillion-dollar program to grow the renewable energy industry. Under a new agreement, Japan will take part in the first round of Australia’s $150m clean hydrogen trade...

ADX Energy executes hedging transactions with BP for a zero collar contract with a price floor of US$73 per barrel (put option strike price) and a cap of US$82.60 per barrel (call option strike price) The total volume of oil production cov...

The ASX is down -0.3% today with the information technology sector taking the cake for the biggest dip at ~3%, followed by the healthcare sector at more than 1.5%. The ASX Emerging Companies Index (XEC) has flatlined. For the second day in...

ADX has started 2022 on a high note with the discovery of both oil and gas at its Anshof-3 exploration well within the ADX-AT-II licence in Upper Austria. Preliminary drill data including measurement while drilling and mud logging indicates...

ADX Energy (ADX) encounters an oil zone and a gas zone of interest based on preliminary results from drilling data at Anshof-3 well in Upper Austria These initial results indicate the discovery of oil over the Eocene target as well as a sh...

Drilling continues at ADX Energy’s (ADX) Anshof-3 exploration well in Upper Austria, with the drill rig on track to encounter its first oil reservoir target The energy stock says the rig recently hit a drill depth of 2201 metres, with the...

ADX Energy spudded its Anshof-3 well in upper Austria last week, and within the first 24 hours the RED Drilling & Services GmbH (RED) E-220 rig had drilled 17 ½ inch hole to a depth 37m and cemented 13 ⅜ inch casing. ADX says the latest...

Since spudding the Anshof-3 exploration well, ADX Energy (ADX) has progressed drilling at the well to over 1100 metres Located in Upper Austria, ADX spudded the well on December 18 and says drilling has now reaching a depth of 1123 metres...

Got 90 seconds? Then listen to Executive Chairman, Ian Tchacos tell us about their company news. ADX Energy (ASX:ADX) is focused on becoming a leading European energy producer and the provider of energy solutions for a low carbon society. T...

Planned future operations include preparation to drill the next hole section and drilling 12 ¼ inch hole to 340m. ADX Energy has ticked the spudding at the Anschof-3 well within the ADX-AT-II licence in Upper Austria off its list as it pre...

ADX Energy (ADX), with the help of farm out partner Xstate Resources (XST), has successfully spudded the Anshof-3 exploration well in Upper Austria The two ASX-listed energy stocks began drilling the well on Saturday using the RED Drilling...

ADX Energy (ADX) launches placement to raise $2.85 million to fund activities at its projects in Austria The energy stock is issuing 284.7 million shares to investors at one cent each Every two shares subscribed come with one free-attachin...

Investors have backed ADX’s plans to progress its Austrian green hydrogen project, geothermal pilot and conventional oil drilling to the tune of almost $2.85m. Sophisticated, institutional and professional investors snapped up 284.7 million...

The ASX finished 0.67% higher, marking the best performance by the Australian bourse since early October. Almost all sectors finished higher with energy and tech – two sectors under siege in recent weeks – recording gains of 2.07% and 1.9%...

ADX Energy (ADX) starts the week off in a trading halt, as it gears up to raise additional cash via a capital raise No details of the fundraise have been released to investors at the stage, but the company entered the two-day trading halt...

After trading down for most of the day, the ASX ultimately closed higher despite a big sell off in tech. The ASX 200 closed at 7,245 points which was 0.05% higher than Friday. Tech retreated 2.2% over inflation fears but gains of over 1.9%...

ADX has cleared the final obstacle in the way of its drilling the Anshof-1 oil exploration well in Austria with the receipt of final environmental approvals. The company has now started site works for the well in the ADX-AT-II licence in Up...

Highlights ADX Energy has secured final approvals from the environment authority and started construction work at the Anshof well location. The company expects approval for additional two wells in nearly two weeks from today. ADX also...

ADX Energy (ADX) inks a farm-in deal with Xstate Resources (XST) to fund a portion of drilling at the Anshof prospect of the ADX-AT-II exploration licence in Upper Austria Xstate will cover 40 per cent of the Anshof well drilling cost up t...

Highlights A significant surge was seen in demand for EV stocks among investors in the last week. Joe Biden is expected to allocate US$7.5 billion towards the development of EV charging stations across the US. Rising criticism for the...

ADX Energy (ADX) receivs results from an independent review for Anshof and OHO undertaken by RISC RISC reviewed the resource and risk assessment for the two prospects and found “them to be reasonable” The review showed the mean unrisked pr...

An independent review has validated ADX’s estimates of oil and gas resources at the Anshof and OHO prospects in Upper Austria. Independent auditor RISC Advisory assessed that the Anshof prospect could host a mean unrisked prospective resour...

ADX has received approval to drill an exploration well that has the potential to deliver rapid cash flow and a substantial increase to its resource base. The Anshof-1 well at the wholly-owned ADX-AT-II licence targets a best technical case...

ADX Energy (ADX) secures approvals from the Austrian Mining Authority and other local authorities to drill at its Anshof-1 well in Austria This is an important milestone in the permitting process for the company which will be followed by a...

ADX Energy (ADX) sees an increase of 154 per cent of its 2P developed reserves from its Austrian assets in the Zistersdorf Field and Gaiselberg Field Independent consultants RISC Advisory recently completed a competent person’s report on t...

ADX is celebrating a 154% increase in proved and probable (2P) developed oil and gas reserves at its Zistersdorf and Gaiselberg fields in Austria’s Vienna Basin. An independent audit by RISC Advisory, which considered production forecasts,...

The global outlook for hydrogen continues to grow in scale as countries around the world strive to achieve net zero carbon emissions or substantial reductions in shortened timelines. The number of countries with policies that directly suppo...

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. October has historically proved to be one of the market’s most challenging months and this first week did not disappoint. Worries about inflation, valuations, China te...

Highlights The ASX 200 was trading with a cut of 0.27% or 20 points to 7,258.5. Seven out of the 11 sectors are trading in red, with the IT sector trading with a sizable cut of 3.33%. Evolution Mining has agreed to sell its Mount Carl...

ADX’s renewable energy ambitions have received a big boost after signing a green hydrogen agreement with leading Austrian wind power producer Windkraft Simonsfeld. Under the memorandum of agreement, WKS will supply power from its wind power...

Highlights The ASX 200 was trading 0.17% or 12.5 points lower at 7,371.7 at the opening tick. The market breadth has been quite negative so far, with only two out of the 11 sectors trading in green. Beach Energy plans to increase oil...

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. This latest video conference focuses on the oil...

Stockhead’s Investor Presentation gives executives of emerging ASX-listed companies the opportunity to showcase their latest investor presentation to current and potential investors. This week, Stockhead heard from Ian Tchacos, Executive Ch...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Summary The PNX share price has increased 12.5% to AU$0.009, clocking a healthy volume of over 2.06 million shares. SWK expects the revenue of between AU$153 million to AU$156 million for FY21. The 4DS share price has shot up by 10.3%...

Summary ASX listed oil and gas shares are bouncing back on the bourses after witnessing a sudden increase in energy demands. Brent and WTI crude oil benchmarks have registered a significant gain. Investing in penny stocks can deliver...