ADX Energy Launches Major Gas Exploration Program in Upper Austria

Reuters

Dec 29, 2025

ADX Energy Launches Major Gas Exploration Program in Upper Austria

ADX Energy Ltd. has announced an extensive exploration program for 2026, focusing on natural gas prospects in Upper Austria. The company plans to resume production tests at the Welchau-1 well in early February, pending the mobilization of necessary drilling equipment. Additionally, ADX expects regulatory approvals for three new gas exploration wells—HOCH-1, GOLD-1, and SCHOEN-1—to be finalized, enabling swift commencement of further drilling. HOCH-1, the first of the new wells, is located in a joint investment area with partner MND, while GOLD-1 remains wholly owned by ADX. The identified shallow gas prospects, situated near existing infrastructure, are considered low-risk and commercially attractive, with the exploration field estimated to hold a mean resource potential of 8.0 billion cubic feet of clean natural gas. ADX has utilized advanced 3D seismic analysis and AI tools to identify these targets, aiming to optimize asset utilization and returns by developing the discoveries in clusters.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ADX Energy Ltd. published the original content used to generate this news brief via pressetext (Ref. ID: 20251229005) on December 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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