HOCH-1 Resumption of Production Testing
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| Stock | ADX Energy Ltd (ADX.ASX) |
|---|---|
| Release Time | 13 Aug 2026, 10:50 a.m. |
| Price Sensitive | Yes |
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ADX Energy Resumes HOCH-1 Gas Zone Testing
Key Points
- Testing of additional gas zones in HOCH-1 well to begin in two weeks
- First tested zone produced 2.7 MMCFPD gas flow, potential for 3.5 MMCFPD
- Phase 1 testing focuses on Hall formation zones, Phase 2 on Hall Channel zones
Full Summary
ADX Energy Ltd has announced the resumption of testing in the HOCH-1 shallow gas exploration well in Upper Austria. The well, drilled in the ADX-AT-I exploration licence, encountered up to eight biogenic gas reservoirs. Testing is being conducted in two phases. Phase 1, which has already commenced, focuses on two zones in the Hall formation and a zone in the Hall Channel formation. The first tested zone produced water-free gas at a stable flow rate of 2.7 MMCFPD (450 BOEPD) over an 11-hour period. Phase 2 will focus on deeper Hall Channel zones. Post-drill mapping using reprocessed 3D seismic data indicates potential for large lateral extensions of sand bodies. Further testing is scheduled for the week commencing 24th August.
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