ADX production license approved

Australian small-cap ADX Energy has successfully closed the Iecea Mare Production License acquisition from Romanian oil and gas producer Amromco Energy following regulatory approval by the Romanian Designated Authority.

25 October 2018
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ADX, one of the few ASX-listed companies with Romanian acreage, announced the acquisition of the license back in June this year, purchasing 100% of the onshore acreage from Amromco for A$46,400

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