Wildcatter Podcast: How ADX is capitalising on the unique gas markets of Austria and Romania
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Stock analysis veteran and lover of the oil and gas game, Peter Strachan, is back in town for another instalment of The Wildcatter Podcast.
In this latest episode, Peter interviews ADX Energy (ASX:ADX) executive chairman Ian Tchacos.
ADX has recently acquired exclusive access to a massive exploration database plus production facilities delivering about 350 barrels of oil per day in upper Austria.
The company is progressing plans to drill near-field development wells as well as seek farm-out funding support for exploration drilling in Austria.
During Q1 ‘20 the company will test its recent gas discovery in Romania and depending on results, is planning for gas sales or potential gas-to-power development, while its partner Tamaska (TMK) acquires seismic data ahead of further exploration drilling.
So tune in to hear Peter and Ian discuss all things Austrian and Romanian gas.
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