Additional Information
Market:ASX
Sector:General Mining
EPIC:ADX
Latest Price: 0.07  (4.35% Ascending)
52-week High:0.13
52-week Low:0.07
Market Cap:29.60M
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ADX Energy

ADX Energy Ltd (ADX) is an Australian Stock Exchange (ASX) listed oil and gas exploration and appraisal company. ADX operates five oil and gas permits in North Africa and Europe. ADX also has gold and base metal interests in Australia held via its stake in ASX listed Riedel Resources (RIE).

AuDAX Resources to commence 3D seismic Gas field survey off Tunisian coast

Monday, March 22, 2010
AuDAX Resources to commence 3D seismic Gas field survey off Tunisian coast

AuDAX Resources (ASX: ADX) announced that the 3D seismic acquisition of approximately 640 km2 in the Sicily channel, off the coast of Tunisia, is expected to commence Tuesday 23 March. The survey will be conducted aboard the vessel known as the Atlantic Explorer and will utilise Petroleum Geo-Services’ leading edge proprietary Geostreamer Technology.

The company said the survey will cover a number of prospects including the Lambouka Prospect, previously named the Sambuca prospect, and the Dougga gas condensate field. The Lambouka Prospect is scheduled for drilling in Q2 to Q3 2010.

The Atlantic Explorer is expected in the central Tunisian port of Sfax on early Monday morning. After a crew change and start up meeting with the AuDAX QC representatives
on board the Atlantic Explorer, the vessel will leave port late Monday evening.

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