Comment from ADX Executive ChairmanADX Executive Chairman, Mr Ian Tchacos, said, “The Welchau gas discovery has the potential to yield an exceptional gas resource for ADX, its partner MCF and the Republic of Austria. The results to date are in line with pre-drill expectations confirming the exceptional geological and technical work by our Vienna team supported by local and international experts. Over the coming week ADX plans to execute its success case evaluation program for the well which will include electric line logging, down hole sampling, inflow testing and pressure measurement required to confirm the reservoir characteristics and the hydrocarbon composition. We look forward to providing further results on this potential play-opening discovery as they become available.”
As Sheldon from Big Bang Theory would say:
BAZINGA!!
We did it!! Bonanza! Well done all MCF loyalists!