ADX 0.00% 13.5¢ adx energy ltd

Stephane FoucaudADX has confirmed a very busy programme of...

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      • 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

 
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