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Perth, Sep 26, 2012 (ABN Newswire) - ADX Energy Limited (
ASX:ADX) are pleased to provide a Company Investor Presentation, regarding ADX's energy assets in Italy and Tunisia, The Dougga Hub and ADX operated Romania Parta Block.
Key Strategies;
Corporate Strategy
- Early entry to high impact exploration opportunities in proven oil and gas basins where management has track record.
- Commercialisation of existing discoveries.
Operating Strategy
- Maintain operatorship through the exploration - appraisal phase of the asset cycle.
Funding Strategy
- Fund drilling via farmouts, retain large interests in material prospects with potential to deliver exceptional shareholder returns.
View the complete ADX Energy presentation at the link below:
http://media.abnnewswire.net/media/en/docs/ASX-ADX-605488.pdf
ASX:ADX) are pleased to provide a Company Investor Presentation, regarding ADX's energy assets in Italy and Tunisia, The Dougga Hub and ADX operated Romania Parta Block.Key Strategies;
Corporate Strategy
- Early entry to high impact exploration opportunities in proven oil and gas basins where management has track record.
- Commercialisation of existing discoveries.
Operating Strategy
- Maintain operatorship through the exploration - appraisal phase of the asset cycle.
Funding Strategy
- Fund drilling via farmouts, retain large interests in material prospects with potential to deliver exceptional shareholder returns.
View the complete ADX Energy presentation at the link below:
http://media.abnnewswire.net/media/en/docs/ASX-ADX-605488.pdf
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About ADX Energy Limited
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.
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Link: Investor Presentation
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>>>       ADX Energy Limited |
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Gas & Oil | Energy General | Financial General | Mining | |
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