Tag: ADX Energy

Well testing at Parta license postponed again – Romania, 24 July 2020

Australian ADX Energy announced that it had to postpone the tests carried out at the Iecea Mica 1 assessment well within Parta license, following the reintroduction of restrictions on the border with Hungary, after the increase in confirmed coronavirus cases. According to the company, the Hungari Full article available for subscribers of Energy NEWS service […]

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 […]