ADX Energy Hochfeld-1 Well Approaches Total Depth in Upper Austria
ADX Energy's Austrian Drill Bit Turns at 950 Metres — Results Due Within Days
ADX Energy Ltd (ASX: ADX) has provided investors with a significant operational update on its Hochfeld-1 (HOCH-1) shallow gas exploration well in Upper Austria, confirming the drill is progressing on schedule and is now within approximately three days of reaching its target depth. This ADX Energy Hochfeld-1 drilling update in Upper Austria marks a pivotal moment for the company as it closes in on results from the first of three permitted shallow gas wells planned for 2026 — a programme targeting formations that nearby analogues have shown can produce at rates of up to 9 million standard cubic feet per day (mmscf/d).
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