ADX Energy Ltd. has resumed testing operations at the Welchau-1 exploration well in the Austrian municipality of Molln, following a court decision that allowed the company to continue activities previously halted due to environmental objections. The current focus is on evaluating the flow characteristics of the upper Reifling Formation, located above the Triassic Steinalm reservoir, where condensates have already been detected. Recent interpretations suggest the presence of light oil above the Welchau well. The well encountered hydrocarbon-bearing zones across a 450-meter interval in spring 2024, with promising results from fractured carbonate reservoirs. Further assessments may include a sidetrack to target commercially viable light oil or deepening the well to explore additional gas-condensate resources.

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