Articles On Adx Energy (ASX:ADX)

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...

WA-based oil and gas producer ADX Energy (ASX: ADX) has commissioned German consulting firm Horváth & Partners to complete a study into the potential usage of already-depleted reservoirs at ADX’s Gaiselberg and Zistersdorf oil fields i...

ADX Energy Limited (ASX:ADX) extended the hedging position for the Austrian production in 2021 on behalf of ADX VIE GmbH – a wholly-owned subsidiary. The Company has inked further hedging transactions with the global oil trading giant &amp...

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 oi...

A quick wrap of the key winners and losers on Thursday, May 14. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Code Company Price % Change Volume...

A quick wrap of the key winners and losers on Monday, May 4. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Code Company Price % Change...

Stock analysis veteran and lover of the oil and gas game, Peter Strachan, is back in town for another instalment of The Wildcatter Podcast. In this latest episode, Peter interviews ADX Energy (ASX:ADX) executive chairman Ian Tchacos. ADX ha...

In February last year, Italy dropped a bombshell by imposing an 18 month suspension on oil and gas operations due to environmental concerns. One small cap, Po Valley Energy (ASX:PVE), claimed at the time that this moratorium wasn’t applicab...

On Stockhead today: are semiconductors about to pick up again, California’s first pot cafe opens, biotech losers’ remarkable comeback, and angel investment firm Investible closes with $22m round. But first:   The day ahead Today the Austral...

On Stockhead today: Tim Treadgold on why gold miner Pantoro is a stock to watch, milk stocks in healthier shape thanks to Bellamy’s, Barry FitzGerald talks Salt Lake Pot Ash in Explorer’s Podcast and just how much do neobanks scare the Big...

The lift in the price of oil to six month highs on the threat of Middle East supply disruptions has breathed life into a sector that had been in the doldrums for several months amid slowing global growth which has kept the price under press...

Of all the energy companies providing updates this morning, only Winchester Energy (ASX:WEL) stood out because it recovered significant oil. The Texas-focused explorer has swabbed two intervals at its Arledge 16#2 well and the combined rate...

ADX Energy (ASX: ADX) has been granted a two-year extension for its Parta oil and gas exploration block, satisfying an important condition of a recently announced farm-in deal for the onshore Romanian project. The Parta exploration licence...