This document has been prepared by ADX Energy Ltd for the purpose of providing an activity update to interested analysts/investors and shareholders.
The securities of ADX Energy Ltd (‘ADX’) will be placed in trading halt at the request of ADX, pending it releasing an announcement.
ADX Energy Ltd is pleased to announce that it has signed an agreement with SDP Services Limited (“SDP”) to farmout a 50% interest in the d 363 C.R-.AX Permit (License) containing the Nilde Oil Redevelopment Project and the successfully tested Norma and Naila oil discoveries Offshore Italy.
The Italian Licensing Authority continues in insisting that ADX and its Italian Subsidiary requires further financial support in order to secure ratification to operate the Permit
Mining exploration entity and oil and gas exploration entity quarterly report
Romania Authorities approve Iecea Mare Production License transfer within Parta Permit onshore Romania