ADX unveils bumper oil and gas prospect pipeline in Upper Austria
ADX Energy unveils a significant upgrade to its exploration portfolio in Upper Austria, expanding its shallow gas and condensate prospects. The company’s near-term shallow gas play targets include GOLD-1 (1.7-2.4 Bcf) and SCHOE (1.7-2.4 Bcf), while its deeper, deep-water play includes the Welchau carbonate play (37.3-387.4 Mbf), Welchau Deep (387.4 Bcf), and Molasse Play (25%).
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Published 09 Nov 2026, 06:14 UTC · Updated 09 Nov 2026, 06:21 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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