The Australian-Austrian oil and gas boring company ADX Energy wants to search for oil and gas in Upper Austria on other areas. The exploration company wants to use the high wholesale gas price in order to get better arguments for a change in area of the approved vision areas in Austria. It has submitted an application to the responsible finance ministry.
The bottom line is that the total size of the two existing license areas ADX-AT-I and ADX-AT-II in Molln (Kirchdorf district) and Waldneukirchen (Steyr-Land)-approx. 1,022 square kilometers-did not change on Thursday .
But what the conservationists should be outraged again: The area of the Welchau area should also be expanded “to get larger exploration and evaluation options (previously outside the company’s highlighting area),” says the company’s press text. The results of the Bohlung Welch-1, which is currently resting, show the great resource potential within the carbonate over-shifting belt.
So Adx wants to drill at a lower depth of gas, which should also cause fewer costs. “With the revised license areas, ADX-according to the latest AI supported 3D seismic mapping-can more than triple the number of these brochures,” the company signals optimism to its donors.
- Read here: The first tests show flop at trial bore in Molln
A corresponding application for the “renovation” of the excavation license areas in Upper Austria had been brought in at the Ministry of Finance. Adx hopes to increase the probability of the find.
On the additional surfaces you want to drill according to possible oil and natural gas deposits, the main focus is on shallow natural gas deposits, which would be easily opened up in the event of a find.
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Image: adx energy
Source: Nachrichten
