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Austria energy
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ADX Energy (ASX:ADX) confirms 29 Bcf of drill-ready shallow gas prospects in Upper Austria
ADX Energy Ltd (ASX:ADX) has unveiled a detailed drilling and development roadmap for seven shallow gas prospects across its Upper Austria licences, with plans to initiate a multi-well campaign as early as Q4 2025. The prospective resources, net to ADX, total 29 billion cubic feet (Bcf) in mean estimates, positioning the Australian energy explorer for a scalable gas development strategy in a high-demand European market.
June 19, 2025