ADX Energy Limited Stock Market Press Releases and Company Profile
Obtains 2 Year Extension Offshore Tunisia
Obtains 2 Year Extension Offshore Tunisia

Perth, Aug 14, 2014 AEST (ABN Newswire) - ADX Energy Ltd (googlechartASX:ADX) (googlechartADXRF:OTCMKTS) is pleased to announce that the Tunisian Authorities (Comité Consultatif des Hydrocarbures) have approved a 2 year extension of the Exploration period for the Kerkouane permit offshore Tunisia for two years to 21 February 2016.

The ADX operated contiguous Sicily Channel blocks Kerkouane (Tunisia) and Pantelleria (Italy) contain an attractive portfolio of appraisal and exploration prospects such as the Dougga West prospect with its several targets and the Dougga gas condensate field, which are also covered by the dual sensor Geostreamer 3D seismic acquired in 2010. Prior to drilling the next well, ADX seeks to divest part of its interest. Several interested companies are currently reviewing the asset. ADX will update the market as soon as a legally binding offer has been made.

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About ADX Energy Limited

ADX Energy Limited (ASX:ADX)ADX Energy Limited's (ASX:ADX) (OTCMKTS:ADXRF) is an Australian Stock Exchange (ASX) listed International Energy Explorer which is soon to become a Producer. The Company's Geographical focus is Onshore Europe and Offshore Mediterranean with a portfolio consisting of recently acquired Production as well as Appraisal, Development and Exploration Assets. ADX's interests are located in Romania, Italy, Tunisia and most recently Austria. The Company's immediate focus is on low cost, low risk, profitable resource commercialisation opportunities onshore and higher cost higher reward offshore projects in the longer term. The Company is headquartered in Perth, Western Australia with additional operating offices in Bucharest (Romania) and soon to be Vienna (Austria). The Company also has representative offices in Italy and Tunisia.

ADX Energy's vision is to establish a stable cash producing platform onshore Europe and develop a number of rapid resource to reserves  opportunities as well as low risk exploration potential with access to infrastructure in favourable fiscal and operating environments.

https://www.linkedin.com/company/adx-energy abnnewswire.com 


Contact

ADX Energy Limited
T: +61-8-9226-2822
F: +61-8-9226-5333
E: admin@adxenergy.com.au
WWW: www.adxenergy.com.au

Wolfgang Zimmer
Managing Director

Ian Tchacos
Chairman



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