Stephane Foucaud
ADX has confirmed a very busy programme of activity from September.
The overall unrisked value of the programme is ~A$1.70 per share,
which represents 17x the current share price.
In early September, ADX will drill the Anshof-2A side track.
The well is expected to intersect thick Eocene reservoirs similar to that encountered by the Anshof-2 well\
which were ~6 times thicker than the producing Anshof-3 discovery well.
The well is expected to add production and potentially derisk
Plus Welchau, this has a real good chance to make this
Ann: Operations Update - Appraisal, Exploration & Testing Program, page-8
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