Company Presentation
Released
Released
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Investment Proposition and Operating Strategy
E U R O P E A N F O C U S S E D
P R O D U C E R & E X P L O R E R
E N E R G Y
Presented by: Ian Tchacos - Executive Chairman
On 10 November 2025
C o m p a n y P r e s e n t a t i o n
A S X : A D X
Investor Update – 2026 Work Programs
DISCLAIMER (CAUTIONARY STATEMENT)
2
IMPORTANT NOTICE:
This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to
interested analysts, investors and shareholders. Any statement, opinions, projections, forecasts or other
materials contained in this document do not constitute any commitments, representations or warranties by ADX
or its directors, agents and employees.
Except as required by law, and only to the extent so required, directors, agents and employees of ADX shall in no
way be liable to any person or body for any loss, claim, demand, damages, costs or expenses of whatsoever
nature arising in any way out of, or in connection with, the information contained in this document. This
document includes certain statements, opinions, projections, forecasts and other material, which reflect various
assumptions. The assumptions may or may not prove to be correct. ADX recommends that potential investors
consult their professional advisor(s) as investment in the company is considered to be speculative in nature.
The information in this presentation is in summary form only and does not contain all the information necessary
to fully evaluate any transaction or investment. It should be read in conjunction with ADX’ other periodic and
continuous disclosure announcements lodged with the ASX. This document does not constitute an offer,
invitation or recommendation to subscribe for or purchase securities and does not form the basis of any contract
or commitment.
Pursuant to the requirements of the ASX Listing Rule 5.41 and 5.43 the technical and Prospective Resources
information relating to Austria and Italy contained in this presentation 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 is a member of the EAGE (European Association of
Geoscientists & Engineers) and FIDIC (Federation of Consulting Engineers). ADX confirms that it is not aware of
any new information or data that may materially affect the information included in the relevant market
announcements for reserves or resources and that all material assumptions and technical parameters
underpinning the estimates in the relevant market announcements continue to apply and have not materially
changed.
Independent audit of developed reserves have been completed for ADX’ Zistersdorf and Gaiselberg fields
(“Fields”) in the Vienna basin and Anshof in Upper Austria (Austria) by RISC Advisory Pty Ltd (“RISC”). RISC
conducted an independent audit of ADX’ Fields evaluations, including production forecasts, cost estimates and
project economics. Production from existing wells is classified as Developed Producing. Production from planned
recompletion of existing wells to new intervals is classified as Developed Non-Producing. RISC is an independent
advisory firm offering the highest level of technical and commercial advice to a broad range of clients in the
energy industries worldwide. RISC has offices in London, Perth, Brisbane and South-East Asia and has completed
assignments in more than 90 countries for over 500 clients and has grown to become an international energy
advisor of choice.
PRMS RESERVES CLASSIFICATIONS USED IN THIS PRESENTATION:
Developed Reserves are quantities expected to be recovered from existing wells and facilities.
Developed Producing Reserves are expected to be recovered from completion intervals that are open and
producing at the time of the estimate.
Developed Non-Producing Reserves include shut-in and behind-pipe reserves with minor costs to access.
Undeveloped Reserves are quantities expected to be recovered through future significant investments.
A. Proved Reserves (1P) are those quantities of Petroleum that by analysis of geoscience and engineering data,
can be estimated with reasonable certainty to be commercially recoverable from known reservoirs and under
defined technical and commercial conditions. If deterministic methods are used, the term “reasonable certainty”
is intended to express a high degree of confidence that the quantities will be recovered. If probabilistic methods
are used, there should be at least a 90% probability that the quantities actually recovered will be equal or
exceed the estimate.
B. Probable Reserves are those additional Reserves which analysis of geoscience and engineering data indicate
are less likely to be recovered than Possible Reserves. It is equally likely that actual remaining quantities
recovered will be greater than or less than the sum of the estimated Proved plus Probable Reserves (2P). In this
context, when probabilistic methods are used, there should be at least a 50% probability that the actual
quantities recovered will equal or exceed the 2P estimate.
C. Possible Reserves are those additional Reserves that analysis of geoscience and engineering data suggest are
less likely to be recoverable that Probable Reserves. The total quantities ultimately recovered from the project
have a low probability to exceed the sum of Proved plus Probable plus Possible (3P) Reserves, which is equivalent
to the high-estimate scenario. When probabilistic methods are used, there should be at least a 10% probability
that the actual quantities recovered will equal or exceed the 3P estimate. Possible Reserves that are located
outside the 2P area (not upside quantities to the 2P scenario) may exist only when the commercial and technical
maturity criteria have been met (that incorporate the Possible development scope). Standalone Possible Reserves
must reference a commercial 2P project.
PROSPECTIVE RESOURCE CLASSIFICATIONS USED IN THIS PRESENTATION:
Prospective Resources are those estimated quantities of petroleum that may potentially be recovered by the
application of a future development project(s) relate to undiscovered accumulations. These estimates have both
an associated risk of discovery and a risk of development. Further explorations appraisal and evaluation is
required to determine the existence of a significant quantity of potentially moveable hydrocarbons.
P(90) Estimate or Low Estimate: means at least a 90% probability that the quantities actually recovered will
equal or exceed the estimate.
P(50) Estimate or Best Estimate: means At least a 50% probability that the quantities actually recovered will
equal or exceed the estimate.
P(10) Estimate or High Estimate: means At least a 10% probability that the quantities actually recovered will
equal or exceed the estimate.
OIL AND GAS CONVERSIONS
BOE means barrels of oil equivalent. Bcfe means billion of cubic feet of gas equivalent. Gas to oil conversion used
in this presentation: 6 Mcf of gas = 1 barrel of oil. Mcf means thousand cubic feet of gas
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
CAUTIONARY STATEMENT: Prospective Resources are those estimated quantities of petroleum that may potentially be recovered by the application of a
future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development.
Further explorations appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons.
1 Quarter 2 & 3 2025 average Austrian net production. 2 Prospective Resources reporting date update 27.8.2025 (refer slide 18). 3 Prospective Resources reporting date
update 30.8.2022
Austrian Long-term Production
277 BOEPD 1
Austrian Exploration Portfolio
374 BCF Gas & 31 MMBBL Oil 2
New Sicily Channel Gas Permit
369 BCF Gas 3
COMPANY SUMMARY
STABLE PRODUCTION, LOW-RISK IMMEDIATE GROWTH AND HIGH IMPACT EXPLORATION
3
Multiple Farmouts
Accelerate programs & reduce risk
Operating Capability
Generate opportunities, Explore & Develop
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
Established Production - Generating stable cash flow from
production assets in Austria
Strategic Location - Positioned in pro development European
countries with access to premium gas markets and infrastructure
Growth Pipeline - Near-term, low risk drilling programs in
Austria as well as high impact exploration in Austria and Italy
Operating Capability - A qualified operator in Austria and Italy
capable of generating exploration and development projects
Experienced Management – With track record in corporate
development and project execution
Funding Strategy – early entry to projects and securing funding
exploration through farmouts
Vienna Basin
Oil Fields
Romania Pannonia
Licences
Sicily Channel Gas
Exploration Permit
02
03
Geographic focus
Austria, Italy and Romania
Tier 1 jurisdictions – legal transparency
Established licencing arrangements
Access to energy services and contractors
Access to energy infrastructure and high value
energy markets
FINANCIAL SUMMARY AND GEOGRAPHIC OVERVIEW
4
Capital Structure
Upper Austria
Production &
Exploration
Large gas resource potential on
Europe’s door-step
“Low risk rapid cashflow growth
for oil & gas
PLUS high impact exploration”
“Extensive potential
for future expansion”
“A European Focussed
Energy Producer and
Explorer”
Ticker
ASX: ADX
FRA: GHU
Share Price (at 5 November 2025) A$0.036
Number of shares 586m
Number of options 95m
Market capitalisation A$21.1M
Cash (unrestricted) at 30 September 2025 A$4.0M
Debt A$1.3M
Enterprise value A$18.4M
Number of shareholders 1,977
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
STRATEGIC OPERATING POSITIONS IN AUSTRIA AND ITALY
5
Highly prospective, short exploration time-lines, high
value hydrocarbons and rapid development cycles
Austria
ADX-AT-I
licence
ADX-AT-II
licence
Vienna
Basin Fields
Anshof
Oil Field
ADX Sicily
Channel
Permit
Italy
• Excellent Infrastructure Access for both oil and gas
• Pro development with rapid permitting and unique
operating position (only 3rd operator in country)
• High Demand for oil and gas with heavy reliance on imports,
oil sold at Brent and gas at Dutch TTF pricing
• Excellent Data Availability 3,500 Km2 3D seismic plus basin
wide well data base
• Gas Infrastructure Access to major import networks into
Sicily
• Pro development Centre Right Government supporting
gas developments and Low Royalty Rates (10%)
• High Demand for Gas with net imports of 95% providing 45%
of power generation
• Historic Data Base including seismic and well data from
historic oil exploration – has enabled gas resources assessment
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
PLANNED ACTIVITIES – NEAR TERM PRIORITIES IN AUSTRIA AND ITALY
6
Austria – Production, Appraisal and Exploration
1. Maintain stable Austrian production
2. Recommence Welchau-1 testing >> 2 out of 3 zones remain untested
3. Low risk, shallow gas drilling >> 3 wells planned with 7 follow ups
4. Anshof near field oil appraisal >> rapid tie-in to Anshof facility
5. High impact exploration >> Welchau Deep and other deep prospects
Italy – Sicily Channel Gas Permit
1. Purchase additional seismic data
2. Update 2022 resources and commission 3rd Party Assessment
Welchau-1 testing and
deepening
GOLD shallow gas
prospect
Vienna Basin Production
Anshof oil field facilty – 3,000 bpd capacity Anshof oil field
SGB & LIND
prospects
Sicily Channel
gas permit
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
Multilayer field
suitable for H2
storage
1.57 mmbbl
2P developed
reserves Note 1
Pipeline to
Vienna refinery
& gas pipeline
Vienna Basin Fields (100% Economic Interest)
Low emission, low decline production delivering
long term cash flow (approx. 240 boepd)
Ownership of 13.7 hectares of land suitable for
Solar Park - 65 Km from Vienna
High value sweet crude oil, very favourable fiscal
terms (no royalties)
Note 1: Reserves Reporting Date & Valuation (Independently Audited) 04.11.2021 less production to 31 December 2024
Production operations at ADX Vienna Basin Fields
Wind park adjacent to ADX Vienna Basin Fields
Anshof-3 production well and Early
Production Unit, Anshof-2 and 1 drilling
locations
AUSTRIAN PRODUCTION ASSETS
VIENNA BASIN FIELDS AND ANSHOF FIELD (UPPER AUSTRIA)
7
Anshof Oil Field (70% Economic Interest)
Anshof-3 discovery well (2022) and Anshof-2A appraisal
well (2024) on production (approx. 110 bopd)
Production rate optimised to manage water cut
3,000 BPD permanent production, storage and offloading
unit installed and commissioned in 2024
High quality sweet crude oil sold at Brent equivalent oil
price
High quality
Eocene
reservoirs
Multiple near field
appraisal and
exploration targets
Anshof Permanent Production Facility with 3,000 BPD Capacity
Transported via
truck and rail to
Vienna refinery
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
UPPER AUSTRIA EXPLORATION PROSPECT PORTFOLIO
INCREASED EMPHASIS ON LOW-RISK GAS AND NEAR FIELD OIL
Multiple Growth Pathways in
a high value market with
infrastructure access
Quick to commercialise low risk
Shallow Gas
Anshof Near Field oil tie in
opportunities (to 3,000 BPD
facility)
High Impact Welchau Deep and
Tertiary gas plays
Gas focus - approximately 60%
of portfolio
Total aggregated mean prospective
resource;
GAS - 374 BCF (Pmean, Net) &
OIL-31 MBBL (Pmean, Net) 1,2
8
1 Refer to Cautionary Statement in slide 3 of
this presentation
2 Prospective Resources reporting date
update 27.8.2025 – refer slide 18
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
9
UPPER AUSTRIA 2026 PLANNED ACTIVITY
WELCHAU TESTING, LOW RISK SHALLOW GAS PLAY DRILLING AND NEAR FIELD OIL EXPLORATION
“PRODUCTION GROWTH AND HIGH IMPACT EXPLORATION”
Welchau -1
testing – down
hole sampling
and acid
stimulation
HOCH -1
shallow gas well
permit at 50%
equity interest
(8.0 BCF Mean1,2)
GOLD -1
shallow gas well
permit at 50%
equity interest
(8.3 BCF Mean1,2)
Current Production and Near-term Activity3
Well sites are secured with drilling and
environmental permitting expected to be
finalised by end 2025
1Refer to Cautionary Statement in slide 3 of
presentation
2 Prospective Resources reporting date update
27.8.2025 – refer slide 18
3 Forecast Rates are based on Vienna Basin fields
and Anshof fields production forecasts and Mean
Resources Success Case estimated production
profiles.
SCHO -1
shallow gas well
permit at 50%
equity interest
(6.3 BCF Mean1,2)
SGB -1 oil
appraisal well
permit at 70%
equity interest
(1.3MMBBL Mean1,2)
1 2 3 4 5
1
2
3
4
SGB
5
Follow up shallow gas play
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
10
UPPER AUSTRIA SHALLOW GAS PLAY (PROVEN AND EXTENSIVE)
MULTIPLE LOW RISK GAS PROSPECTS IDENTIFIED BY SEISMIC “AVO” RESPONSE
A proven play that has produced 230 BCF to date in basin – 5 drill ready ADX prospects with up to 5 more being matured
Shallow Gas Play developed over two years with local team and international experts
Advanced Seismic Analysis deploying a combination of AI, seismic attribute and AVO analysis to identify gas prospects that
compare favourably with historic discoveries
Seismic amplitude map showing seismic signature of historic shallow gas
discoveries as well as ADX 2026 drill program targets and follow up prospects
1st well in program
3rd well in program
2nd well in program
Follow up targets
Follow up targets
Follow up targets
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
Historic
Gas Fields
WELCHAU-1 CONDENSATE TESTING AND WELCHAU DEEP PROSPECT
RECOMMENCE TESTING OPERATIONS (WELL ENCOUNTERED 450 METERS OF SHOWS AND LIQUID SAMPLES)
Welchau-1 well testing in Q1 2026
after interruption due to environmental
objections
Environmental Objections overturned
due to the public interest for gas
11
X section showing Welchau-1 well, the Molln gas condensate discovery and
the Welchau Deep Prospect up dip of Molln-1 gas condensate well
“The Welchau Deep prospect can be accessed by deepening the Wechau-1 well”
Welchau-1 testing of the upper Reifling formation will recommence in Q1 2026
Two out of three reservoirs with hydrocarbon shows remain untested
The well will be sampled with a down hole sampler. Based on the results of
sampling the well may be acidised to induce flow from the carbonate reservoir.
450 m shows & light oil recovered
125 Bcf 1,2
1 Refer to Cautionary Statement
in slide 3 of this presentation
2 Prospective Resources reporting date update 27.8.2025 – refer slide 18 ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
UPPER AUSTRIA SHALLOW GAS PLAY
GOLD PROSPECT SUCCESS SCENARIO - VALUE BUILD BY MAXIMISING PRODUCTION AND MINIMISING CAPEX
12
2 Aggregate Mean Case Prospective Resources (refer to ASX Release 27 August 2025). Refer to slide 18
Cluster development potential 1, 2
GOLD‘Cluster’
revenue split
Cumulative recovery:
13.2 Bcf 2
Gross cumul.
revenue: €108 mil.
Gas pricing: €0.30/m3
1 Refer to Cautionary Statement in slide 3 of this presentation
13 Bcf (Pmean) total for GOLD, ZAUN
and GRAB Prospects 2
GOLD Prospect drilling in Q1 2026 - if successful follow
up prospects in three well GOLD Cluster
Extensive, valuable and repeatable play with multiple
prospects identified to date in ADX 100% held acreage
Gold prospect to be drilled in Q1 2026 drilling program.
Shallow drill depth, productive sands and proximity to pipeline
infrastructure results in high economic value compared to
drilling costs.
Probability of success for GOLD-1 is greater than 80%
Biogenic gas (99% methane) results in simple, rapid and low
development costs.
Matured follow up prospects can be tied in to enhance value.
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
SICILY CHANNEL PERMIT, OFFSHORE ITALY
ADX GROWTH OPPORTUNITY IN A NEW AND EMERGING GAS PRODUCTION PROVINCE
13
New ADX Permit
August 2025
ENI Gas Project
August 2024
1 Refer to Cautionary Statement in slide 3 of this presentation
2 Prospective Resources reporting date update 30.8.2022
ADX C.R150.AU Permit, the nearby Argo-Cassiopea (offshore), Lippone-Mazara
(onshore) producing fields, and local gas pipeline infrastructure
Highly prospective permit for gas
supported by historic data from deeper
oil exploration
An emerging and newly producing offshore
gas province
Shallow water depths and drill depths
Gas shows in wells and high quality 2D
seismic
Proximity to tie in point onshore at Mazara
(less than 50km from permit)
Stacked pay and productive sands
Sweet biogenic gas (99% methane) is likely
based on gas seen in the historic Nilde-2
well in the Permit
Favourable fiscal terms with 10% royalty
and 28% corporate tax
Excellent gas pricing in Italy
369 BCF best technical prospective
resources from five (5) high graded gas
prospects 1,2
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
SICILY CHANNEL HISTORIC DATA AVAILABILITY IS THE KEY TO SUCCESS
GAS PROVEN PLAY IN A LARGE AREA WITHIN SIMILAR RESERVOIRS
14
2. Tunisia & Pantelleria: Miocene &
Pliocene high porosity shallow gas
sandstones proven in Kerkouane -1a
well and ADX 3D seismic 770 km2
1. ADX C.R 150.AU well data & 2D
seismic clearly proves high porosity
Miocene sandstone and gas (2D DHI)
3. Several Miocene gas
sandstone reservoirs in onshore
wells, close to Lippone field
4. Recent high-resolution 3D
shows gas reservoirs and
stacked sands
1. ADX - C.R 150. AU
3: Onshore Sicily
4. ENI – 2024 Production starts
1
2
3
4
2
1
3
4
Nilde oil
production
Strong gas
shows in Kerk-1
2 Tunisia & Pantelleria
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
SICILY CHANNEL PERMIT, OFFSHORE ITALY
A PROVEN GAS PLAY ESTABLISHED BY HISTORIC DATA AND ANALOGOUS FIELDS
15
Biogenic gas play predicted in permit based on nearby
analogous gas field (Lippone) and historic exploration well data
A Biogenic gas play within Terravecchia Fm. proven by Lippone-Mazara gas
field (99% methane)
Gas shows in wells drilled onshore and offshore Sicily (e.g., Poggioreale-1,
Onda-1, Orlando-2 and Nilde-2 in the Permit)
Source & Seal: shales and argillites of the Terravecchia Fm.
High Quality Reservoir: Upper Miocene sandstones (porosity up to 33%)
Traps: structural-stratigraphic traps over structural highs & pinch outs
Modified from Casero (2004)
Play Type Example
Lippone Trend
Gross Revenue US$3,311m Split,
for 300 BCF case 1
Compelling
conceptual
economics
1 Refer to Cautionary Statement in slide 3 of this presentation
• Subsea development
• Tie back to onshore
gas plant
• Onshore pipeline
access
• Shallow water depths
• High gas price
• Excellent fiscal terms
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
Q4 2025 Q1 2026
Shallow Gas Drilling Upper Austria
Farmout GOLD Prospect
Permitting and Rig Contracting
Drill site preparation
Drill 2 firm wells plus an optional well
2026 WORK PROGRAM
NEAR TERM CASH FLOW BUILD AND HIGH IMPACT GROWTH
16
Welchau Testing & Welchau DEEP
Welchau-1 recommence testing
Ongoing maturation of Welchau Deep
Prospect
Sicily Channel Gas Permit
Buy new seismic & update resources
Independent Resources Review
Seismic Reprocessing & Farmout
A low risk, high
value potential for
near term cash flow
Company
transforming
hydrocarbon play
High-value gas
potential in prime
location
Anshof Near Field Oil Appraisal
Well Permitting and land access
Further oil target maturation
Drill oil appraisal well (SGB well)
Q2 2026
High value
additional oil tie-in
to Anshof facility
“Poised for a
period of high
activity”
HOCH, GOLD and SCHOE wells
Q3 2026
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
OIL AND GAS – SUPPLY AND DEMAND TRENDS
Gas Markets (demand projected to
rise due to AI and data centres)
More gas is needed for AI and data
processing - energy demand for
data centres alone is projected to
be 4 times that for EV’s
Gas demand is increasing in the US
which will have a flow on effect for
LNG into Europe
Data processing demand is not seen
yet in Europe
17
Oil Markets (World)
Oil demand is growing by 2% per year
Oil natural decline is 6% per year
o Investment capital down 20% and new project
investment is down 35%
Increasing need in developed economies for aviation
fuel and petro chemicals
Renewables are not meeting transition projections
Further demand is projected for emerging economies
(source of 80% of new demand)
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
UPPER AUSTRIA PROSPECT INVENTORY ANNOUNCED ON 27 AUGUST 2025
18
Low
P90
Best
P50
Mean
(Pmean)
High
P10
Low
P90
Best
P50
Mean
(Pmean)
High
P10
GOLD 4.1 7.5 8.3 13.4 - - - - 100 ADX-AT-II
ZAUN 1.5 2.7 3.0 4.8 - - - - 100 ADX-AT-II
GRAB 1.2 1.9 2.0 2.9 - - - - 100 ADX-AT-II
HOCH 1.5 5.2 8.0 17.3 - - - - 50 ADX-AT-I
SCHOE 1.9 5.4 6.3 12.1 - - - - 50 ADX-AT-I
PICH 2.2 5.1 5.4 9.0 - - - - 100 ADX-AT-II
STEY 1.2 2.4 2.7 4.6 - - - - 100 ADX-AT-II
HASE 2.0 3.1 3.4 5.0 - - - - 100 ADX-AT-I
Sub-total 15.6 33.3 39.1 69.1 - - - -
SGB 0.1 0.3 0.3 0.8 0.3 0.9 1.3 2.7 100 ADX-AT-II
TERN 0.3 0.8 1.3 2.8 0.6 1.9 2.9 6.1 100 ADX-AT-II
WOLF 0.2 0.7 0.9 1.8 0.5 1.6 2.1 4.1 100 ADX-AT-II
PERG 0.2 0.7 0.8 1.8 0.5 1.9 2.4 4.8 100 ADX-AT-II
GRB - - - - 1.0 2.8 4.0 8.1 100 ADX-AT-II
LIND 0.1 0.3 0.6 1.3 0.2 0.5 0.9 2.0 100 ADX-AT-II
WIND 0.1 0.2 0.4 0.7 0.2 0.6 0.8 1.7 100 ADX-AT-II
Sub-total 1.0 3.1 4.3 9.3 3.3 10.2 14.3 29.4
ROS - - - - 2.5 11.0 19.6 49.4 75 ADX-AT-II
WEL DEEP 13.2 65.4 125.4 324.6 - - - - 75 ADX-AT-II
Sub-total 13.2 65.4 125.4 324.6 2.5 11.0 19.6 49.4
ZAM 11.0 49.0 93.0 216.0 - - - - 100 ADX-AT-I
OHO 34.0 89.8 114.3 224.3 - - - - 100 ADX-AT-I
IRR 9.0 25.8 35.3 74.4 - - - - 50 ADX-AT-I
GMU 2.8 7.1 9.2 17.7 0.4 1.3 1.8 3.8 100 ADX-AT-I
Sub-total 56.8 171.7 251.8 532.4 0.4 1.3 1.8 3.8
BRUNN 1.3 3.4 4.2 8.0 - - - - 50 ADX-AT-I
ARD 1.6 5.6 6.7 13.5 0.3 0.7 0.9 1.7 50 ADX-AT-I
BUCH 2.2 6.4 7.6 14.4 - - - - 50 ADX-AT-I
Sub-total 5.1 15.4 18.5 35.9 0.3 0.7 0.9 1.7
TOTAL
Arithmetic Summation 91.7 288.9 439.1 971.3 6.4 23.2 36.6 84.3
ADX NET
Arithmetic Summation 79.6 246.6 373.7 820.3 5.7 20.1 31.3 71.1
Equity
interest
[%]
Permit
Molasse
Prospective Resource (MMBBL)
Prospective Resource (BCF)
Play Type
Prospect
Name
Shallow Gas
Near Field Oil
(Anshof)
Welchau
Carbonate
Sub-Flysch
NATURAL GAS CRUDE OIL
ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
1 9
Thank You
For further information:
Ian Tchacos
Executive Chairman
ian.tchacos@adxenergy.com.au
Paul Fink
Chief Executive Officer
paul.fink@adx-energy.com
Amanda Sparks
Finance Manager & Company Secretary
amanda.sparks@adxenergy.com.au
ASX: ADX
adxenergy.com.au
Connect with Us
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ADX Energy (ASX: ADX) | Investor Presentation | 10 November 2025
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