ADX Energy plans Goldbrunn gas drilling in Austria for January 2027

• ADX Energy targets January 2027 for two-week drilling at Austria's Goldbrunn gas prospect; rig mobilization is scheduled for Jan. 4.
• Empyrean Energy acquired a 10% stake in the GOLD cluster, funding 20% of Goldbrunn's drilling, testing and completion costs.
• The prospect holds estimated prospective gas resources of 235 million cubic meters.
• Project estimates put net revenue at EUR 34.8 million against investment of EUR 3.7 million.
• Those estimates assume a gas price of EUR 35 per MWh, compared with the current European price of EUR 86 per MWh.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ADX Energy Ltd. published the original content used to generate this news brief via pressetext (Ref. ID: 202611131145PRESSTXTEUPR__DE58E635DAFC820A021CBDE82AF3FC453) on November 13, 2026, and is solely responsible for the information contained therein.