ADX to resume flow testing at promising Austrian gas discovery
ADX Energy is set to resume testing at its HOCH-1 shallow gas discovery in Upper Austria after initial flow rates returned up to 2.7 million cubic feet per day (MMCFPD), equivalent to a healthy 450 barrels of oil equivalent per day (boepd).
The promising early signs at HOCH-1 show tangible evidence that the company’s Upper Austrian shallow gas strategy could deliver Europe’s next new energy source, with results so far only measured from the very first of up to eight potential gas zones.
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