EXPLORATION

ADX, Xstate hit a snag at Anshof exploration well

AUSTRIA-focussed ADX has reached total depth of 2499m at its Anshof-3 exploration well in the Vienna Basin and has encountered oil and gas, however borehole instability in a shallow section of the well has delayed logging.

Encounter oil and gas shows

Encounter oil and gas shows

The Anshof-3 well is in the ADX-AT-II permit in Upper Austria and spud December 18, using the RED Drilling & Services E-200 rig.  ADX shares the well with fellow ASX-listed Xstate Resources which is...

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