Mission accomplished. ADX Energy has confirmed the discovery of commercial oil and gas reservoirs in electric well logging results at its closely watched Anshof-3 Well in Austria, with plans to open a second production front in the European nation.
ADX Energy (ASX:ADX), with the help of farm out partner Xstate Resources (ASX:XST), has successfully spudded the Anshof-3 exploration well in Upper Austria.