OPERATIONS

ADX Energy gets cornerstone backing for Welchau gas discovery

Cornerstone investment enables high-impact condensate gas exploration

Replacement permanent production facility capacity: 3,000 - 4,000bopd - currently being moved from Ampfing to Anshof. Image supplied by ASX Energy

Replacement permanent production facility capacity: 3,000 - 4,000bopd - currently being moved from Ampfing to Anshof. Image supplied by ASX Energy

Oil and gas explorer ADX Energy has secured A$13.5 million through a successful two-tranche placement. The firm's robust financial backing follows its substantial Welchau discovery, setting the stage for...

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