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
|
Europeans still purchasing 2G phones
2003-02-13, pte20030213025 Companies/Finance, Computer/Telecommunications |
|
Job cuts looming at Nokia Networks
2003-02-13, pte20030213017 Companies/Finance, Computer/Telecommunications |
|
BP invests billions in Russian oil venture
2003-02-12, pte20030212023 Companies/Finance, |
|
Intracom stake in Siemens approved
2003-02-12, pte20030212020 Companies/Finance, |
|
Microsoft faces new EU antitrust complaint
2003-02-11, pte20030211040 Companies/Finance, Politics/Law |
|
Philips records losses in the billions
2003-02-11, pte20030211025 Companies/Finance, |
|
Alcatel acquires iMagicTV
2003-02-11, pte20030211020 Companies/Finance, Computer/Telecommunications |
|
S&T WINS EUR 2 MILLION UKRAINIAN RAILWAY PROJECT
2003-02-11, pts20030211011 Automotive/Transport, Companies/Finance |
|
600 companies apply for telecom licence in Romania
2003-02-10, pte20030210056 Computer/Telecommunications, Politics/Law |
|
Romanian incumbent to sell its mobile arm
2003-02-10, pte20030210051 Computer/Telecommunications, Companies/Finance |
1 2 … 109 110 111 112 113 .. 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
