<p>"Payment of EUR 1.93 million by MND to ADX for past costs and long lead drilling equipment satisfies final transaction condition"</p>
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Summary</p>
<p> The transaction announced on 7 August 2023 between ADX VIE GmbH (ADX) and MND Austria a.s.</p>
Perth-based company ADX Energy will kick-off a drilling campaign at its flagship 807 bcfe Welchau gas prospect in Upper Austria late this year after gaining crucial government approval for drilling and testing.
Petra Schneebauer, Austria's new envoy in Washington, explains her country's strict neutrality and its efforts to promote direct investment in the United States.
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