ADX Energy

Default features description for sign up page.

Value Proposition

Updates

Share Registry

Independent Evaluation & Broker Reports

Home

Presentations

Announcements

Company Reports

Work Sans

upload.jpg

Read full article via The West Australian

ADX Energy has struck a savvy deal to expand its grip on the Anshof oil field in Upper Austria, by upping its economic interest from 50 to 70 per cent without shelling out a single euro in cash.

The Perth-based energy player, through its wholly owned Austrian arm Kathari Energia, has finalised an agreement to acquire Xstate Resources’ 20 per cent economic interest in the producing field.

ADX lifts Austrian oil field stake to boost production and cash flow