ADX - Oil & Gas Charts, page-36

Pretty clear the next leg up will blow away .14 cents.

In accordance with an Energy Investment Agreement with MCF Energy Ltd., via its
subsidiary MCF Energy GmbH (MCF), MCF will fund 50% of the Welchau-1 well costs up
to a cap of EUR 5.1 million to earn a 25% economic interest in the Welchau Investment
Area. Upon completion of MCF’s funding obligations ADX will hold a 75% economic
interest in the Welchau Investment Area.

The Welchau gas prospect has exceptional gas resource potential, located in the heart of
Europe at a relatively shallow drill depth and proximal to gas pipelines. ADX estimates that
Welchau has best technical Prospective Resources of 807 BCFE (134 MMBOE)1
. Welchau
is targeting the same reservoirs as the nearby Molln-1 well which tested condensate rich,
pipeline quality gas at rate of 4.0 MMSCFPD in 1989.

dyor