OPERATIONS

ADX sees production boost after well repairs

ADX Energy is reporting production increases from its Faiselberg and Zistersdorf field onshore Austria after completing well repair work that was needed after unprecedented flooding in October last year.

Production boost a boon with higher oil prices

Production boost a boon with higher oil prices

The company told the market on Tuesday current field production stands at 430 barrels of oil per day equivalent, compared to last quarter's rate of 240boepd. "Additional oil sales in combination with...

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