ADX Strikes Gas AT HOCH-1 In Upper Austria

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ADX Energy Strikes Gas at HOCH-1: Austria's Shallow Gas Play Delivers Its First Drilling Result

ADX Energy (ASX: ADX) has announced a significant early-stage result from its Hochfeld-1 (HOCH-1) well in Upper Austria, with gas-filled sands encountered in the Hall formation at approximately 1,350 metres depth. The ADX Energy HOCH-1 gas discovery in Austria aligns almost exactly with the company's pre-drill 3D seismic predictions — a technical validation that meaningfully strengthens confidence across ADX's broader shallow gas programme in the region.

This is the first of three permitted shallow gas wells the company plans to drill in 2026, and the early result has set a promising tone for what could become a multi-well discovery campaign.