ADX Energy Limited

ADX Energy Limited (ASX:ADX) (PINK:ADXRF) advises that the commencement of operations on the onshore Tunisia Sidi Dhaher-1 well remains delayed while the company continues to work with the local authorities to implement appropriate safety measures during the transportation of the rig to the drilling location and through the subsequent operational phase of the well.

ADX Energy Ltd (ASX:ADX) (PINK:ADXRF) advises that ADX on behalf of its partners has delayed the immediate mobilisation of the Challenger rig to spud the Sidi Dhaher well. ADX is working with the local authorities to ensure that during the rig move and the subsequent operational phase of the well, the safety of local residents near the well site and along the access road is provided.

ADX Energy Ltd (ASX:ADX) is pleased to announce that following the ASX Dougga interim resource results update from 4th November 2010, the competent person's report (CPR) has now been completed by TRACS-AGR ("Tracs"). TRACS-AGR is a leading provider of essential services to the international petroleum industry with worldwide operations. This independent review by a highly reputable resource certification company has resulted in a number of encouraging findings which indicate that the Dougga gas field is a potentially viable resource, and that the planned Dougga appraisal well is an important next step to confirming its commercial potential.

ADX Energy Ltd (ASX:ADX) is pleased to report that preparations for the commencement of drilling operations on the Company's operated well are progressing according to plan albeit slightly slower than expected. The company is moving ahead very cautiously despite the improved security situation in Tunisia. However these minor delays have not resulted in any significant additional cost. The current situation in Libya is not affecting the company's operations in Tunisia. The well location is 350 km west of the Tunisian border with Libya.

ADX Energy Ltd (ASX:ADX) report that preparations for the commencement of drilling operations on the Company's operated well are progressing according to plan. Site preparations have been completed and all key service and supply contracts are in place.

ADX Energy Ltd (ASX:ADX) (PINK:ADXRF) announce that it has signed the concession agreement with NAMR (Agentia Nationala Pentru Resurse Minerale) for the exploration block EX-10 PARTA in Romania.

ADX Energy Ltd (ASX:ADX) (PINK:ADXRF) announce that ASX Limited (ASX:ASX) has advised that Riedel Resources Limited (ASX:RIE) was admitted to the Official List of ASX on Thursday 27 January 2011. Official Quotation of the Company's securities will commence at 1:00pm AEDT (10:00am WST) on Monday 31 January 2011.

ADX Energy Limited (ASX:ADX) (PINK:ADXRF) report that the Tunisian security situation has continued to improve since the demise of the former president. In relation to operations at the Chorbane permit and the Sidi Dhaher well site, ADX is pleased to advise that the civil works have progressed well and without any security issues.

ADX Energy Ltd (ASX:ADX) (PINK:ADXRF) is pleased to announce that the Government of Tunisia has approved the renewal of the Kerkouane exploration license and granted three more years for exploration and appraisal activities until 22 February 2014. The exploration license can then be renewed for another three years.

ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to report following an assessment of the security situation in Tunisia that ADX is continuing its preparations for the drilling of the Sidi Dhaher well in its onshore operated Chorbane block.