Ann: Welchau-1 Discovery Well Cased for Future Testing, page-132

This is a couple of months old but still has the same story.
contract between Russia and Ukraine finishes at the end of 2024.
which I must admit I didn't even know about until today.
This is certainly concerning a lot of politicians in Austria.
This week our permanent facility is supposed to go online @ Anshof-3
and in a couple of weeks they are doing this side drilling for Anshof-2, and hopefully bring that online by the end of May.
Let's hope production goes up quickly, remembering the facility can do up to 3000 barrels a day, just at that side alone.
Which would be great for ADX with a lot more extra revenue.
But with this contract looming I cannot see the politicians waiting until October to find out if one of the biggest gas fines in Austrian history is there or not.
So I think our chances are good to get an early access to Welchau.