Summary
ADX Energy Ltd (ADX) FAQ
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
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Has ADX Energy Ltd ever had a stock split?
ADX Energy Ltd Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Paul Fink CEO | ASX Exchange | Q0144R109 CUSIP |
| AU Country | 4 Employees | - Last Dividend | 1 Oct 2023 Last Split | - IPO Date |
Overview
ADX Energy Ltd is a company primarily focused on the exploration, appraisal, and production of oil and gas properties. Initially founded in 1983 as Audax Resources Ltd, the company underwent a rebranding to ADX Energy Ltd in June 2010. Its headquarters are located in Claremont, Australia. The company has diversified its investment in various promising regions including the Vienna basin in Austria, the Sicily Channel in Italy, and Western Romania, demonstrating a strategic approach to tapping into Europe's resource-rich areas. Through its extensive project portfolio, ADX Energy Ltd aims to solidify its position in the industry by leveraging both innovative exploration techniques and strategic partnerships.
Products and Services
ADX Energy Ltd offers a broad array of products and services primarily centered around the exploration and production of oil and gas. These include:
- Gaiselberg and Zistersdorf fields in the Vienna basin, Austria: These fields represent the company's investment in exploring and producing oil in Austria's Vienna basin, an area with a long history of petroleum operations. The Gaiselberg and Zistersdorf fields are central to ADX Energy's portfolio in Austria, tapping into established infrastructure and existing production.
- Anshof discovery, Welchau farmin, and ADX-AT-I investment areas in Upper Austria: These areas in Upper Austria are part of ADX Energy's strategy to expand its foothold in promising new locations. The Anshof discovery and subsequent investments like Welchau farmin and ADX-AT-I underscore the company's approach towards exploring new reserves and securing future production opportunities.
- d363C.R-.AX license offshore project in the Sicily Channel, Italy: ADX Energy ventures into the Mediterranean with its d363C.R-.AX license for offshore exploration in the Sicily Channel. This initiative illustrates the company's commitment to exploring new frontiers and leveraging the untapped potential of the Mediterranean region.
- Parta exploration and Iecea Mare production licenses in Western Romania: Through its Parta and Iecea Mare licenses, ADX Energy has established a presence in Western Romania, a region poised for growth in the oil and gas sector. The exploration and production activities here are integral to the company's strategy of diversifying its portfolio and ensuring steady growth.
