Vienna Basin Fields Delivers 35% Increase in Production
Released
Released
Announcement PDF
ADX Energy Ltd (ASX:ADX)
ASX RELEASE
Page | 1
ADX Energy Ltd | ABN 50 009 058 646
Registered and Principal Office Australia: Level 1, 168 Stirling, Nedlands WA 6009, Australia
Telephone: +61 8 9381 4266 | admin@adxenergy.com.au | adxenergy.com.au
9 July 2026
Vienna Basin Fields Behind Pipe Program
Delivers 35% Increase in Austrian Production
“Perforation of GA-10A and GA-93 wells has provided
an approx. 75 BOEPD increase in production”
Key points:
ADX holds a 100% equity interest in the Vienna Basin Fields located in Lower Austria
approximately 70km Northeast of Vienna.
ADX has commenced a workover program of existing wells to improve production and
enhance profitability.
ADX is also planning a program of infill and appraisal drilling in 2027 to further enhance
production and reserves from the fields.
The GA-10A well and GA-93 well behind pipe perforation program has provided additional
production of 24 BOPD oil and 52 BOEPD (gas) respectively
The behind pipe program has increased Vienna Basin field production from approx.150
BOEPD to 220 BOEPD. The ADX net Austrian production (including the Anshof Field
in Upper Austria) has increased to approximately 285 BOEPD (+35%).
Additional Vienna basin oil and gas production is highly desirable due to:
Low incremental operating costs.
Less than 1% royalty,
Brent equivalent oil pricing, and
Central European Gas Hub gas pricing (currently approx. EUR48/ MWh or US$16.5
per MMBTU).
ADX Executive Chairman, Mr Ian Tchacos, said “The 35% increase in net Austrian
production from the recent well work at our Vienna Basin fields is a positive outcome with
further production growth identified from future work programs. Our local technical and
operations team are evaluating further production enhancement opportunities including infill
drilling and further behind pipe potential to increase production and reserves from the fields.
“We are planning a potential new development well and an appraisal well to be drilled in 2027.
New wells on the field can be tied into infrastructure immediately at minimal cost thereby
enhancing cash flow and economic returns”
ADX Energy Ltd (ASX:ADX)
ASX RELEASE
Page | 2
ADX Energy Ltd | ABN 50 009 058 646
Registered and Principal Office Australia: Level 1, 168 Stirling, Nedlands WA 6009, Australia
Telephone: +61 8 9381 4266 | admin@adxenergy.com.au | adxenergy.com.au
Production operations at ADX’ Gaiselberg and Zistersdorf fields
ADX Energy Ltd (ASX Code: ADX) is pleased to advise that a program of behind pipe perforation on two
existing production wells has resulted in additional Vienna Basin field oil and gas production of approximately
75 BOEPD. ADX holds a 100% equity interest in the Vienna Basin Fields located in Lower Austria, approximately
70km northeast of Vienna. The GA-10A well and GA-93 well behind pipe perforation program has resulted in
additional production of 24 BOPD oil and 52 BOEPD (gas) respectively.
The behind pipe perforation work has increased Vienna Basin field production from approx.150 BOEPD to 220
BOEPD, thereby increasing ADX net Austrian production (including the Anshof Field in Upper Austria) by 35%
to approximately 285 BOEPD.
ADX has commenced a program of behind pipe perforation of existing wells to improve field production and
enhance profitability. ADX is also planning a program of infill and appraisal drilling to start in 2027 to further
increase production and reserves from the two Vienna Basin fields called Zistersdorf and Gaiselberg.
Additional Vienna basin production is highly desirable due to low incremental operating costs, less than 1%
royalty, Brent equivalent oil pricing and Central European Gas Hub gas pricing (currently approx. EUR48 / MWh
or US$16.5 per MMBTU).
Vienna Basin Fields Summary
A multilayer field also suitable for gas and H2 storage
Eighteen active wells and liquid processing capacity above 4000 BPD
Low emission, low decline production delivering long term cash flow.
Ownership of 13.7 hectares of land which could be used for the development of a solar park.
High value sweet crude oil, very favourable fiscal terms (less than 1% royalties)
Connected by pipeline to the OMV refinery near Vienna and the local gas grid
For further details please contact:
Ian Tchacos
Executive Chairman
+61 (08) 9381 4266
ian.tchacos@adxenergy.com.au
Authorised for lodgement by Ian Tchacos, Executive Chairman
ADX Energy Ltd (ASX:ADX)
ASX RELEASE
Page | 3
ADX Energy Ltd | ABN 50 009 058 646
Registered and Principal Office Australia: Level 1, 168 Stirling, Nedlands WA 6009, Australia
Telephone: +61 8 9381 4266 | admin@adxenergy.com.au | adxenergy.com.au
Persons compiling information about Hydrocarbons:
Pursuant to the requirements of the ASX Listing Rule 5.41 and 5.42 the technical and reserves information
relating to Austria contained in this release has been reviewed by Paul Fink as part of the due diligence process
on behalf of ADX. Mr. Fink is Technical Director of ADX Energy Ltd is a qualified geophysicist with 30 years of
technical, commercial and management experience in exploration for, appraisal and development of oil and gas
resources. Mr. Fink has reviewed the results, procedures and data contained in this release and considers the
resource estimates to be fairly represented. Mr. Fink has consented to the inclusion of this information in the
form and context in which it appears. Mr. Fink is a member of the EAGE (European Association of Geoscientists
& Engineers) and FIDIC (Federation of Consulting Engineers).
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