In December ADX raised A$3.5 million through loan notes. The cash was used to fund the company's acquisition of the Gaiselberg and Zistersdorf oil and gas fields in the Vienna Basin.
ASX-listed junior oil and gas explorer ADX Energy has deferred repayments on loan notes which funded its acquisition of two Austrian gas fields.
In December ADX raised A$3.5 million through loan notes. The cash was used to fund the company's acquisition of the Gaiselberg and Zistersdorf oil and gas fields in the Vienna Basin.