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ADX Energy Limited

ASX:ADX ISIN:AU000000ADX9

Feb 10, 2012

OVERVIEW | NEWS | MULTIMEDIA | RESEARCH

ADX Energy Limited Company Summary

The company's strategy is two pronged; grow the European and North African oil and gas business in order to expose shareholders to the lucrative European energy market and to promote it's existing Australian energy, gold and base metal portfolio to capitalise on the current high commodity price environment.

ADX was incorporated in 1987 in order to explore for gold and base metals in Western Australia. The company has recently diversified from its initial minerals focus to include oil and gas exploration. To that effect ADX farmed in PEL 182 into the South Australian portion of the Cooper Basin in 2005.

ADX appointed Wolfgang Zimmer, an oil and gas industry professional with over 27 years experience, as Managing Director in late 2007 to grow the company’s oil and gas business. Subsequent director and staff appointments and the establishment of a European office have boosted the depth of oil and gas experience in the company and allowed the company to expand its oil and gas activities.

Currently ADX operates permits onshore and offshore Tunisia, offshore Italy and onshore Australia and holds an interest in a non operated block in onshore Romania.

ADX is also a participant and operator of a number of AMI's (Area/s of Mutual Interest) that enable it and its partners to efficiently act upon business opportunities.

DIRECTORS / OFFICERS

Ian Tchacos Chairman Ian is an oil and gas professional with over 25 years international experience in corporate development and strategy, mergers and acquisitions, petroleum exploration, development and production operations, commercial negotiation, oil and gas marketing and energy finance. He has a proven management track record in a range of international oil company environments. In his last appointment as Managing Director of Nexus Energy he was responsible for this company’s development from an onshore micro cap explorer to an ASX top 200 offshore producer and operator. Ian’s experience is ideally suited for the company’s next phase of growth.
Wolfgang Zimmer Managing Director Wolfgang has 28 years experience in the Oil & Gas Industry. He received his Ph.D from the University of Vienna in Geology and Petrology. His career began with Mobil Oil in Vienna where he worked for 11 years primarily in Europe and the USA in oil and gas exploration and production. In 1991 he joined OMV, the Austrian Oil Company, and fulfilled a variety of senior management roles for the next 15 years.
Gary Roper Chairman Gary has had extensive administrative experience in both government and commerce, principally in the areas of tenement management and co-ordination of exploration staff and programs. He was a founding Director of AuDAX and was Managing Director from 1987 to 2007.
Paul Fink Technical Director Paul received an engineering degree from the Mining University of Leoben, Austria. He has 18 years of diversified oil and gas exploration and producing experience in both technical and managerial positions. Paul’s experience at OMV included exploration and producing assignments in Austria, Libya, United Kingdom, Bulgaria, Australia and Pakistan where he was the Exploration and Reservoir Manager.
Peter Ironside Company Secretary Peter has been the company secretary since March 1995 and is a chartered accountant and business consultant with over twenty years experience in the exploration and mining industry, and is a director and/or company secretary of several ASX listed companies. Peter provides commercial and financial advice to the Board, together with support in the areas of administration, corporate initiatives and capital raisings.

ANNUAL REPORT

PRESENTATIONS

COMPANY DATA

	Headquarters	Suite 6, Level 2, 11 Ventnor Avenue

		PO Box 913

		West Perth, WA 6872

		Australia

	Telephone	+61-8-9226-2822

	Fax	+61-8-9226-5333

	Principal Sector	Energy

	Principal Industry	Energy

	Listed	1987/01/29

	Homepage	www.adxenergy.com.au

Key Developments: ADX Energy Limited

	ADX Energy Limited (ASX:ADX) Equity Buy Back in Romania FEB 3, 2012 12:23 - Article Views: 311 ADX Energy Limited (ASX:ADX) is pleased to announce that it has completed a buy back of the interests of Caspian Oil & Gas Limited (ASX:CIG) and Sibinga Petroleum Limited each having held a 20% interest in the Joint Venture in Romania. The consideration for acquiring each company's interest is the reimbursement by ADX to each company for past joint venture contributions.

	ADX Energy Limited (ASX:ADX) Quarterly Activities Report - December 2011 FEB 1, 2012 11:15 - Article Views: 381 ADX Energy (ASX:ADX) is pleased to provide a quarterly activities report for the period ended 31 December 2011.

	ADX Energy Limited (ASX:ADX) Signed Rig Agreement for Test of Sidi Dhaher Discovery JAN 9, 2012 08:29 - Article Views: 589 ADX Energy Limited (ASX:ADX) is pleased to announce that a LOI (Letter of Intent) has been signed with DIETSWELL SA, for the provision of the Sedlar-160 drilling rig. Following bid clarification and final contract execution, the rig and equipment will be moved to the Sidi Dhaher-1 location and the well prepared for testing.

	ADX Energy Limited (ASX:ADX) Received Four Bids for Sidi Dhaher Testing DEC 8, 2011 08:24 - Article Views: 723 ADX Energy Limited (ASX:ADX) is pleased to announce that tender documents for a drilling rig to test the Sidi Dhaher discovery were received and formally opened in the presence of ETAP (Enterprise Tunisienne D'Activites Petrolieres).

	ADX Energy Limited (ASX:ADX) Completed A$2 Million Capital Raising via Placement and Share Purchase Plan NOV 18, 2011 09:37 - Article Views: 550 ADX Energy Limited (ASX:ADX) is pleased to announce the completion of a placement of 25,000,000 new shares at 8 cents per share to raise gross proceeds of A$2,000,000.

	ADX Energy Limited (ASX:ADX) Announce 51 Million Barrels of Mean Contingent Oil in Place Resource Estimate for Sidi Dhaher-1 Well NOV 10, 2011 08:26 - Article Views: 769 ADX Energy Limited (ASX:ADX) is pleased to announce the completion of the Operators' revised mapping and volume calculations utilizing a new seismic interpretation integrating well results from the recent Sidi Dhaher well.

	ADX Energy Limited (ASX:ADX) Updates on Tunisia Operations - Sidi Dhaher Oil Analyses Verified NOV 3, 2011 08:23 - Article Views: 867 ADX Energy Limited (ASX:ADX) is pleased to announce that the chemical analyses, undertaken by Corelab in the UK, of the recovered well samples have confirmed the reservoir fluids to be a typical live crude oil and mud filtrate with minor amounts of water.

	ADX Energy Limited (ASX:ADX) Completed Sidi Dhaher-1 Rig Demobilization OCT 26, 2011 13:05 - Article Views: 1,158 ADX Energy Limited (ASX:ADX) is pleased to announce that following suspension to secure Sidi Dhaher-1 well the Challenger drilling rig has been released from location without incident. All related equipment has been demobilized and the well and camp site have been cleared.

	ADX Energy Limited (ASX:ADX) Sidi Dhaher-1 Well Encounters Oil OCT 3, 2011 12:49 - Article Views: 939 ADX Energy Limited (ASX:ADX) is pleased to announce that the Sidi Dhaher well has encountered an interpreted oil column of approximately 30 metres on the basis of pressure data as well as oil recovered together with mud filtrate from down hole sampling. To determine the potential commerciality of the discovery a well test will be required to confirm oil production at commercial rates.

	ADX Energy Limited (ASX:ADX) Response to Sidi Dhaher-1 Erroneous Report SEP 30, 2011 09:34 - Article Views: 1,233 ADX Energy Limited (ASX:ADX) says today that it has come to the attention of the Company that there has been an unsubstantiated and erroneous report issued recently, containing speculation and speculative analyses about results of the Sidi Dhaher-1 exploration well located onshore Tunisia.