ADX Energy Ltd.: Anshof-2 Drilling Commences

Anshof-2 Appraisal Well Update Operations Report No 1

Wien (pta040/14.11.2023/16:49 UTC+1)

Key points:

• The Anshof-2 appraisal well located in the ADX-AT-II licence in Upper Austria spudded at 10:00 am Central European Time on the 13th of November 2023. ADX is the operator and has a 60% economic interest in the well.
• The RED Drilling & Services GmbH (RED) E-202 rig is being used to drill the Anshof-2 well, the same rig used to drill Anhof-3.
• Planned future operations include drilling of 17 ½ inch hole to section TD at 130 m, running and cementing 13 ⅜ inch casing, preparations to drill 12 ¼ inch hole and drilling of 12 ¼ inch hole.
• Next routine Operations Report will be provided on 20 November 2023. Well drilling results will be provided as they become available.

For more details please view the PDF file.

(end)

Emitter:	ADX Energy Ltd. Ölzeltgasse 3/8 1030 Wien Austria
Contact Person:	DI Paul Fink
Phone:	+43 (0)676 6893465
E-Mail:	paul.fink@adx-energy.at
Website:	www.adx-energy.com
ISIN(s):	AU000000ADX9 (Share)
Stock Exchange(s):	Free Market in Berlin, Frankfurt, Hamburg, Munich, Stuttgart, Tradegate
Other Stock Exchanges:	Australian Securities Exchange (ASX), Sydney