Investor Video Presentation

Investor Video Presentation “Oil & Gas – Buying the bounce” ADX Energy Ltd (ASX:ADX) is pleased to announce that the Company presented at the Stockhead video conference “Oil & Gas – Buying the bounce” The full video presentation from Executive Chairman Ian Tchacos: https://vimeo.com/438427602 A copy of the presentation is attached to this announcement you can […]

Romania Well Flow Test Operations Update 3

Romania Well Flow Test Operations Update 3, “Iecea Mica -1 well has been perforated and the test programme is ongoing”​ Key Points: Well Production Equipment has been run into the well and perforated to initiate flow from the Lower Pannonian “Pa IV” gas reservoir (The Pa V and Pa III potential gas reservoirs were not […]

Hedging Position Adjusted for Austrian Production

ADX Adjusts Hedging Position for its Austrian Production “Previous collar position unwound and new Brent swap secured at US$ 41.77 per barrel” Key Points: ADX has unwound the reparticipating collar position announced on 13 March 2020 which guaranteed a minimum Brent crude oil price of US$ 30 per barrel for 25% 1P production while retaining […]

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