Tag: ADX Energy

Reabold Resources to increase its stake in Danube Petroleum – Romania, 16 September 2019

UK-based Reabold Resources announced that it will increase its stake in Romanian Danube Petroleum to 41.6 from 37.5 % via a subscription for new ordinary shares. The remaining 58.4 % is held by Australian ADX Energy. The company made this decision in light of a recent discovery of oil and gas at Full article available […]

Hydrocarbons discovered at Iecea Mare perimeter – Romania, 09 September 2019

Australian company ADX Energy and its partner, UK-based Reabold Resources, announced that they have found hydrocarbons within Iecea Mare onshore perimeter in Romania, after completing the drilling at the Iecea Mica-1 well. The statement from the companies said that the well is now being prepar Full article available for subscribers of Energy NEWS service (PDF […]

Spudding of Iecea Mica-1 well shows results – Romania, 27 August 2019

Australian company ADX Energy, which owns 50 % of the Parta hydrocarbon concession, said that it, along its partner Reabold Resources, found encouraging results after spudding Iecea Mica-1 (IM-1) well in Romania. Reabold Co-CEO Stephen Williams said that these initial results are very encouraging Full article available for subscribers of Energy NEWS service (PDF publications, […]