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ADX set for permanent oil flows from Anshof-3 well

ADX Energy is now permanently flowing oil from its Anshof-3 well in Upper Austria after it was shut in when it reached its allowable testing production numbers.

ADX Energy Ltd : Closing of Anshof Oil Development Funding and Participation Transaction with MND

<p>"Payment of EUR 1.93 million by MND to ADX for past costs and long lead drilling equipment satisfies final transaction condition"</p> <p> Summary</p> <p> The transaction announced on 7 August 2023 between ADX VIE GmbH (ADX) and MND Austria a.s.</p>

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