Adx Energy Ltd · ASX:ADX
Adx Energy — Corporate Update (March 2026)
18 slides from Adx Energy's corporate update, Mar 6, 2026
Slide 1: Investor Update: Operational Activities Overview
Investment Proposition and Operating Strategy For personal use only Investor Update E U R O P E A N F O C U S S E D ENERGY P R O D U C E R & E X P L O R E R Operational Activities Overview Ian Tchacos - Executive Chairman Vienna Basin work over operations 6 March 2026 A S X : A D X
Slide 2: Disclaimer (Cautionary Statement)
DISCLAIMER (CAUTIONARY STATEMENT) IMPORTANT NOTICE: PRMS RESERVES CLASSIFICATIONS USED IN THIS PRESENTATION: This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to Developed Reserves are quantities expected to be recovered from existing wells and facili
Slide 3: Company Summary
COMPANY SUMMARY STABLE PRODUCTION, LOW-RISK IMMEDIATE CASH FLOW GROWTH AND HIGH IMPACT EXPLORATION CAUTIONARY STATEMENT: Vienna Basin Austrian Current Production Prospective Resources are 192 BOEPD 1 Oil Fields those estimated quantities of petroleum that may For personal use only potentially be rec
Slide 4: Financial Summary, Corporate Overview and Value Proposition
FINANCIAL SUMMARY, CORPORATE OVERVIEW AND VALUE PROPOSITION Capital Structure Strategic Value Proposition “Financial stability underpinning value and high impact growth” 1 For personal use only Existing production Maintain production and and near-term develop cash flow base with Growth low risk, qui
Slide 5: Recent Activities – Testing, Drilling Readiness & Enhanced Portfolio
RECENT ACTIVITIES – TESTING, DRILLING READINESS & ENHANCED PORTFOLIO Welchau testing and 3.5 fold increase in gas resources • Updip Light Oil Accumulation confirmed by oil and gas For personal use only recovered at surface from shallowest • New mapping identifies - 18 MMBBL Pmean 1,2 up dip oil and
Slide 6: Near Term Activities in Austria and Italy
NEAR TERM ACTIVITIES IN AUSTRIA AND ITALY 1. Austrian production enhancement – work over program to restore production rate 2. Welchau-1 evaluation and appraisal – testing results, mapping For personal use only GOLD shallow gas prospect and permitting for deepening well 3. Drill HOCH-1 well and foll
Slide 7: Austrian Production Assets
AUSTRIAN PRODUCTION ASSETS VIENNA BASIN FIELDS AND ANSHOF FIELD (UPPER AUSTRIA) Vienna Basin Fields (100% Economic Interest) Anshof Oil Field (70% Economic Interest) Low emission, low decline production delivering Anshof-3 discovery well (2022) and Anshof-2A appraisal For personal use only long
Slide 8: Upper Austria Growth Program
UPPER AUSTRIA GROWTH PROGRAM Operations 1 Welchau-1 2 HOCH-1 3 GOLD-1 shallow 4 SCHOEN-1 5 Anshof testing – down shallow gas well gas well permit at shallow gas well Nearfield oil at Program area at 50% 100% economic area at 50% 100% economic hole sampling and Sequence stimulation economic interest
Slide 9: Upper Austria Shallow Gas Play - Proven, Extensive and Repeatable
UPPER AUSTRIA SHALLOW GAS PLAY - PROVEN, EXTENSIVE AND REPEATABLE MULTIPLE LOW RISK GAS PROSPECTS IDENTIFIED BY SEISMIC “AVO” RESPONSE A proven play that has produced 230 BCF to date in basin – 3 permitted, drill ready prospects and 7 additional matured Shallow Gas Play developed over two years
Slide 10: Hochfeld Prospect Summary – Ready for Mid April Spud Date
HOCHFELD PROSPECT SUMMARY – READY FOR MID APRIL SPUD DATE 2, 3, 4 HOCH Prospective Resources Esimates Prospect Structure Map Prospect Licence Depth Low Case Best Case Mean Case High Case (metres) P(90) P(50) P(Mean) P(10) (BCF) (BCF) (BCF) (BCF) For personal use only 1 HOCH ADX-AT-I 1500 1.5 5.2 8 1
Slide 11: Upper Austria Shallow Gas Play – Follow Up Prospect
UPPER AUSTRIA SHALLOW GAS PLAY – FOLLOW UP PROSPECT GOLD PROSPECT SUCCESS SCENARIO - VALUE BUILD MAXIMISING PRODUCTION & MINIMISING CAPEX Extensive, valuable and repeatable play with multiple GOLD Prospect drilling after HOCH-1 - if successful follow prospects identified to date in ADX 100% held acr
Slide 12: Welchau-1 Testing Program Results
WELCHAU-1 TESTING PROGRAM RESULTS REIFLING FM TESTING RECOVERED GAS AND LIGHT OIL CONSISTENT Welchau WITH UP DIP OIL ACCUMULATION INTERPRETATION Anticline Key test objectives showing Molln Stimulate reservoir for fluid flow, recover hydrocarbon samples and Gas Fairway obtain reservoir pressure. an
Slide 13: Relevance of Welchau Results to Date
RELEVANCE OF WELCHAU RESULTS TO DATE - LIGHT OIL ACCUMULATION DISCOVERY – DEEPER GAS TARGET REMAINS 1Refer to Cautionary Statement in slide 3 of presentation, 2Prospective Resources reporting date update 3.3.2026 – refer slide pg 17 Light Oil Accumulation 3 Prospective Resources reporting date updat
Slide 14: Sicily Channel Gas Permit - Offshore Italy
SICILY CHANNEL GAS PERMIT - OFFSHORE ITALY HIGH IMPACT GROWTH OPPORTUNITY IN A NEW AND EMERGING GAS PRODUCTION PROVINCE Highly prospective permit for gas supported by historic data from deeper oil exploration For personal use only An emerging and newly producing Recent ADX Permit offshore gas prov
Slide 15: Sicily Channel Licence C.R 150.AU – Running Room for Biogenic Gas Play
SICILY CHANNEL LICENCE C.R 150.AU – RUNNING ROOM FOR BIOGENIC GAS PLAY Extensive biogenic gas play proven by existing field and historic wells Map shows distribution of the Pliocene- Quaternary (yellow) and Tortonian-Messinian Nilde oil field For personal use only siliciclastic (orange) foredeeps
Slide 16: Sicily Channel Permit, Offshore Italy
SICILY CHANNEL PERMIT, OFFSHORE ITALY VERY VALUABLE PROVEN GAS PLAY ESTABLISHED BY HISTORIC DATA AND ANALOGOUS FIELDS Biogenic gas play predicted in permit based on nearby Compelling Gross Revenue US$3,311m Split, analogous gas field (Lippone) and historic exploration well data conceptual for 300 BC
Slide 17: Upper Austria Prospect Inventory Including Sicily Channel
UPPER AUSTRIA PROSPECT INVENTORY INCLUDING SICILY CHANNEL Testing atPROSPECT the Molln-1 gasINVENTORY well (1989) 3 WELCHAU 3 (LAST REPORTING DATE 3 MARCH 2026) (LAST REPORTING DATE 2 DECEMBER 2025) NATURAL GAS CRUDE OIL Equity ADX Sicily Channel Prospective Resources Estimates 1 For personal use on
Slide 18: Thank You
For personal use only Thank You For further information: Ian Tchacos ASX: ADX Executive Chairman ian.tchacos@adxenergy.com.au Paul Fink adxenergy.com.au Chief Executive Officer paul.fink@adx-energy.com Amanda Sparks Finance Manager & Company Secretary Connect with Us amanda.sparks@adxenergy.com.au B