"Lichtenberg-1 gas exploration well had reached a depth of 1,288...

"Lichtenberg-1 gas exploration well had reached a depth of 1,288 metres measured depth in 8 ½ inch hole"

"well is expected to take approximately 30 days to drill to total depth of approximately 2,900 metres measured depth"

"detailed logging, casing and suspension of the well will take approximately a further 10 days"

"first Oligocene gas reservoirs are expected from around 2,000 metres measured depth"

"main primary target reservoir expected from approximately 2,500 metres measured depth"

"planned well total depth is approximately 2,900 metres measured depth"

"next drilling operations report will be provided on 15 October 2024"

"ADX is operator and holds a 100% economic interest in the MND investment area"

"will reduce to 50% upon the completion of MND’s farm in obligations"

"ADX has a 100% economic interest in the remainder of the ADX-AT-I licence"

"including other gas exploration prospects (OHO and ZAM)"

"as well as the GMU geothermal / oil and gas energy prospect"

https://oilman.beehiiv.com/p/oilman-jim-s-letter-october-9-2024

Worth reading