Stock Insiders: ADX Energy’s Austrian oil and gas targets are set to fire up Europe’s energy supply
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Stock Insiders is a podcast series focussed on investing, hosted by TV presenter and news journalist Christina Morrissy.
In this episode, Christina chats to Ian Tchacos, executive chairman at ADX Energy (ASX:ADX).
ADX Energy is a European focussed oil and gas production and exploration company. The company operates projects in Austria, Romania and Italy, with a focus on the implementation of low-carbon technologies.
The company is currently enjoying production of about 336 barrels of oil equivalent per day, a significant part of which comes from its Anshof-3 well, though this is itself constrained by the rented early production system. ADX’s Anshof-3 oil well in Upper Austria marks the beginning of a sustained drilling effort that could deliver greatly increased energy resources and production in the heart of Europe.
To hear Christina and Ian discuss all this and more, tune in below!
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