ADX Energy Ltd
ADX Energy Ltd is an Australia-based energy producer and explorer.
The business
ADX Energy Ltd is an Australia-based energy producer and explorer. The Company’s portfolio represents both onshore and offshore energy operations across Austria, Romania, and Italy. It operates through three segments: Sicily Channel Offshore Exploration and Evaluation; Romania Exploration and Appraisal/Development, and Austria Production. The Sicily Channel Offshore Exploration and Evaluation segment includes assets and activities that are associated with oil and gas exploration offshore Italy and Tunisia. The Romania Exploration and Appraisal/Development segment includes assets and activities that are associated with oil and gas exploration, appraisal, and development in that region. The Austria Production segment includes assets and activities that are associated with oil and gas production in that region. It holds Gaiselberg and Zistersdorf oil and gas fields in Austria. The Company operates the Parta exploration permit and Iecea Mare production permit in Western Romania.
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Latest news

ADX Energy to investigate use of depleted Austrian oilfields for hydrogen storage
WA-based oil and gas producer ADX Energy (ASX: ADX) has commissioned German consulting firm Horváth & Partners to complete a study into the potential usage of already-depleted reservoirs at ADX’s Gaiselberg and Zistersdorf oil fields in Austria’s onshore Vienna Basin for hydrogen storage. First acquired in late 2019 for $3.5 million, the fields have been […]

Parta farm-in deal to go ahead as ADX Energy receives two-year licence extension
ADX Energy (ASX: ADX) has been granted a two-year extension for its Parta oil and gas exploration block, satisfying an important condition of a recently announced farm-in deal for the onshore Romanian project. The Parta exploration licence is currently 100% held by a wholly-owned subsidiary of Danube Petroleum, which is 67%-owned and operated by ADX […]

ADX Energy farms out Nilde offshore oil project in hopes for Italy’s green light
ADX Energy (ASX: ADX) has brought in a joint venture partner to progress the appraisal of its Nilde oilfield redevelopment project offshore Italy. The company today announced it has signed an agreement with London-based oil and gas services company SDP Services to farmout a 50% stake in the d 363 CR-AX permit, containing the Nilde […]

ADX Energy evaluates Dougga gas discovery to aid funding talks for appraisal well
Ahead of a planned appraisal well, ADX Energy (ASX: ADX) has released the independent evaluation results of its Dougga gas condensate discovery offshore Tunisia, including a 63% increase in best estimate contingent resources. The Dougga discovery, as well as its potential extension, the Dougga South West prospect, is located within ADX’s wholly-owned Kerkouane licence. The […]
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