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
|
France Telecom sells Wind to Enel
2003-03-21, pte20030321025 Computer/Telecommunications, Companies/Finance |
|
Online-banking popular in Europe
2003-03-20, pte20030320020 Computer/Telecommunications, Commerce/Services |
|
OMV withdraws employees from Iraqi border
2003-03-20, pte20030320009 Companies/Finance, Politics/Law |
|
Russian telecom firm provides free anti-war service
2003-03-20, pte20030320008 Computer/Telecommunications, Politics/Law |
|
Telenor sells Nextra Italy
2003-03-19, pte20030319027 Computer/Telecommunications, Companies/Finance |
|
Eybl launches new weaving competence centre in Krems
2003-03-19, pts20030319010 Automotive/Transport, Companies/Finance |
|
War in Iraq may cost two trillion dollars
2003-03-18, pte20030318049 Companies/Finance, Politics/Law |
|
Advertising business stalled by war
2003-03-18, pte20030318035 Media/Communications, Politics/Law |
|
BT moves call centre to India
2003-03-17, pte20030317026 Computer/Telecommunications, Companies/Finance |
|
3U Telecom boosts returns
2003-03-17, pte20030317020 Companies/Finance, Computer/Telecommunications |
1 2 … 104 105 106 107 108 .. 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
