Articles On Adx Energy (ASX:ADX)

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...

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...