2023-08-07 12:04:00
Die ADX VIE GmbH – a subsidiary of the Australian listed exploration company ADX Energy – wants to start oil production wells in their Anshof-2 area, south of Bad Hall (Steyr Land district), this year. MND Austria as is investing a total of 11.52 million euros in the Anshof project and will receive 30 percent of the income, reported ADX VIE on Monday.
The Anshof-3 well is the first of ADX in Austria and was a success right away, says Managing Director Paul Fink. Around 120 barrels of oil would now be produced daily. This was noticed in the industry. “The MND asked, together with ADX to develop the Anshof field”, Fink saw the beginning of the investment with the drilling in Anshof-2, after that Anshof-1 would be tackled. The oil reserves were assumed to be 5.2 million barrels, “that’s a certified number”, she said could be a lot bigger, around 25 million barrels For comparison: OMV is currently producing around 16,000 barrels of oil and gas per day in Austria, the ratio is around 50:50 are expected to amount to around 360,000 barrels per day this year.
MND and ADX had also agreed to develop a gas field further west in Upper Austria. MND Austria is a subsidiary of the Czech oil and gas production company MND, which generated revenue of around 8.5 billion euros in 2022.
With regard to the controversial test drilling in Molln in the Kirchdorf district, the procedure is ongoing, said Paul Fink. At the end of June, the West mining authority held a hearing on the application for approval of a planned natural gas test well in the immediate vicinity of the Kalkalpen National Park.
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