ADX Energy Ltd. has released its activities report for the quarter ended 31 December 2025. The company reported an average net production rate of 192 BOEPD, a 24% decrease from the previous quarter’s 251 BOEPD, attributed to multiple wells being offline at the Vienna Basin Fields due to mechanical failures. Sales revenue for the quarter was A$1.6 million, down 29% from A$2.3 million in the previous quarter. The average oil price (Brent) realized was US$63.69 per barrel, representing an 8% decrease from US$69.07 in the previous quarter. Unrestricted cash increased by 17% to A$4.7 million from A$4.0 million. The company is conducting a well workover program to restore production and anticipates improvements in sales revenue in 2026. ADX is also preparing for the recommencement of Welchau-1 testing, drilling of the HOCH-1 shallow gas well, and further drilling activities in Upper Austria. The company is considering a potential dual listing on Oslo Børs’ Euronext Growth market to enhance visibility and trading access for European investors.
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: 20260130009) on January 30, 2026, and is solely responsible for the information contained therein.