ADX Energy (AU:ADX) has released an update.
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ADX Energy Ltd has initiated drilling operations at the Anshof-2A sidetrack oil appraisal well in Upper Austria, with a 60% economic interest in the venture. The well aims to explore thicker and high porosity Eocene reservoirs, which, if successful, will be integrated into the existing Anshof production system. This operation is part of a two-well program that will continue with the Lichtenberg 1 gas exploration well.
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