ADX Energy said ongoing tests at its Welchau-1 exploration well in Molln, Upper Austria, have confirmed light oil potential extending westward into the crest of the Welchau anticline. The company reported a new sample with the same density as light oil recovered from a deeper formation, supporting its updated structural interpretation and indicating possible additional light oil and deeper gas condensate potential. ADX said further testing is aimed at assessing volumes, pressure, flow characteristics and commercial producibility, after work resumed following a 2025 court decision.

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