ADX drills ahead in Austria with shallow gas target in sight
ADX Energy is powering ahead in Upper Austria, with the drill bit at its HOCH-1 gas well now at 950 metres and closing in on a planned total depth of about 1430 metres.
The hole is being drilled to deliver a near-term read on a shallow gas prize of up to 17.3 billion cubic feet (Bcf) of gas.
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