The test drilling by the Australian exploration company ADX Energy has encountered hydrocarbons in the Welchau-1 well near Molln (Upper Austria). The company has discovered a condensate-rich natural gas deposit at the predicted depth and primary target formation of 1452-1567 meters, which now needs to be further evaluated before a potential development. Since the nature conservation permit expires on March 31, further tests will be postponed until the fall and the drilling rig will now be dismantled. [more]
BUSINESS TOP STORY
Mon, 2024-03-18 - 09:30
Large liquid-rich hydrocarbon deposits at a depth of 1452 to 1567 meters
The test drilling by the Australian exploration company ADX Energy has encountered hydrocarbons in the Welchau-1 well near Molln (Upper Austria). The company has discovered a condensate-rich natural gas deposit at the predicted depth and primary target formation of 1452-1567 meters, which now needs to be further evaluated before a potential development. Since the nature conservation permit expires on March 31, further tests will be postponed until the fall and the drilling rig will now be dismantled.
BUSINESS
|
Kesa sales rise over Christmas period
2005-01-20, pte20050120032 Companies/Finance, |
|
ASML doubles results from previous quarter
2005-01-19, pte20050119026 Computer/Telecommunications, Companies/Finance |
|
Sony Ericsson reports sharp rise in profits due to 3G demand
2005-01-18, pte20050118021 Computer/Telecommunications, Companies/Finance |
|
Batelco and Telecom Italia sign 18 million euro deal
2005-01-17, pte20050117017 Computer/Telecommunications, Companies/Finance |
|
British Ofcom seeks to increase 3G competition
2005-01-14, pte20050114043 Computer/Telecommunications, Companies/Finance |
|
Enel encourages funds to consider bids for Wind
2005-01-13, pte20050113032 Companies/Finance, Computer/Telecommunications |
|
Nokia to cut research jobs
2005-01-12, pte20050112023 Computer/Telecommunications, Companies/Finance |
|
STMicro cautions on fourth-quarter margin
2005-01-11, pte20050111028 Companies/Finance, Computer/Telecommunications |
|
Sagem boosted by mobile phone sales
2005-01-10, pte20050110015 Computer/Telecommunications, Companies/Finance |
|
Deutsche Telekom to cut stake in Russia's MTS
2004-12-16, pte20041216022 Computer/Telecommunications, Companies/Finance |
1 2 … 86 87 88 89 90 .. 115 116 Next »
Free publishing of limited news hosted permanently on newsfox. Submit releases and have them appeared on newsfox and search engines.
Flat rate: 750 Euro per year
Flat rate: 750 Euro per year
Distribute your press releases in realtime to more than 250.000 journalists, decision makers, investors and PR professionals and more than 60.000 financial experts via pressetext and its news distribution partners throughout Europe, the Americas and Asia.
Single relase from 330 Euro
Packages from 2.400 Euro
Single relase from 330 Euro
Packages from 2.400 Euro
