Adx Energy Ltd · ASX:ADX
Adx Energy — Shareholder Meeting (May 2026)
21 slides from Adx Energy's shareholder meeting presentation, May 19, 2026
Slide 1: Annual General Meeting - Investor Presentation
For personal use only 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 Annual General Meeting - Investor Presentation 19 May 2026 Vienna Basin work over operations Advancing a Multi-Well Exploration Program A S X : A D X
Slide 2: Agenda
ADX ENERGY ANNUAL GENERAL MEETING PRESENTATION - 19 MAY 2026 Agenda A brief corporate update and strategic outlook For personal use only Near term organic growth in Upper Austria • Shallow Gas Program • HOCH-1 well and GOLD prospect update • Near field oil exploration • PERGEN-1 oil prospect upd
Slide 3: 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 4: Company Overview
COMPANY OVERVIEW STABLE PRODUCTION • LOW-RISK CASH FLOW GROWTH • HIGH-IMPACT EXPLORATION PORTFOLIO Austrian Current Production 210 BOEPD 1 For personal use only Austrian 2(P) Reserves 1.47 MMBOE 2 Vienna Basin Fields and Anshof field Total – 210 MMBOE 6 Austrian Exploration Portfolio 6 Reporting dat
Slide 5: Financial Summary, Corporate Overview and Value Development
FINANCIAL SUMMARY, CORPORATE OVERVIEW AND VALUE DEVELOPMENT Capital Structure Strategic Value Development ASX: ADX Ticker FRA: GHU “A combination of production, appraisal, low risk exploration Share Price (at 18 May 2026) A$0.027 and high impact exploration” 1 For personal use only Number of shares
Slide 6: Recent Activities - Testing, Drilling & Portfolio Development
RECENT ACTIVITIES -TESTING, DRILLING & PORTFOLIO DEVELOPMENT Austrian Production, Low Risk Shallow Gas ADX EUROPEAN PORTFOLIO Vienna Pergen Drill and Test HOCH-1 Well For personal use only Basin Near Field Complete Production Oil HOCH-1 GOLD rig site Prep Work overs Prospect well PERGEN Permitting W
Slide 7: Current and Planned Activities
CURRENT AND PLANNED ACTIVITIES Organic Growth Corporate and Finance Portfolio Development Shareholder Returns For personal use only A 70% increase in revenue from Near Term Production Growth operations 1. Vienna Basin Field Equity placement A$ 4.4 mill. behind pipe perforation Loan Note exte
Slide 8: European Gas Market Dynamics
EUROPEAN GAS MARKET DYNAMICS SIGNIFICANT SUPPLY RISKS DRIVEN BY THE GLOBAL GEOPOLITICAL BACKDROP Main gas price indexes1 European and EU underground gas storage levels2 17.9 Asian gas prices Europe is in a vulnerable position at 18 16.5 are the most the end of a cold winter: For personal use only 16
Slide 9: Upper Austria Near Term Exploration Work Program
UPPER AUSTRIA NEAR TERM EXPLORATION WORK PROGRAM Project 1 HOCH-1 2 GOLD-1 shallow 3 SCHOEN-1 shallow 4 PERGEN-1 near field oil production testing gas well 8.3 BCF gas well 6.3 BCF prospect gas 4.9 MMBBLs Operational P(mean)1.2 at 100% P(mean)1,2 at 50% P(mean)1,3 at 100% economic mid June at 50% Se
Slide 10: HOCH-1 Summary of Results and Well Test Planning
HOCH–1 SUMMARY OF RESULTS AND WELL TEST PLANNING DRILLING AND INITIAL LOGGING RESULTS INDICATE UP TO 7 GAS RESERVOIRS FOR TESTING Gas logs and Mudlogs recorded while drilling indicate the presence of gas and sandstone reservoirs in the Hall Formation (primary target) and Base Hall Formation Resu
Slide 11: HOCH-1 Summary of Results and Well Test Planning
HOCH–1 SUMMARY OF RESULTS AND WELL TEST PLANNING EXTENSIVE EXAMPLES OF PRODUCTION AND RESERVES FROM VERY THIN HALL GAS RESERVOIRS HOCH-1 is in line with a large number of gas fields producing from very thin Hall Formation reservoirs Total of 233 BCF of production from thin (on average less than 2
Slide 12: Near Term Shallow Gas Exploration Program
NEAR TERM SHALLOW GAS EXPLORATION PROGRAM GOLD PROSPECT IS THE NEXT WELL – GOLD CLUSTER ECONOMICS ARE COMPELLING Extensive, valuable and repeatable play with multiple GOLD Prospect drilling after HOCH-1 - if successful follow prospects identified in ADX 100% held acreage up with GRAB and Zaun prospe
Slide 13: Anshof Near Field Oil Appraisal and Exploration
ANSHOF NEAR FIELD OIL APPRAISAL AND EXPLORATION PROSPECTS RE-INTERPRETED, ENHANCED AND MATURED FOR DRILLING Anshof Production Facility has 3,000 BPD processing capacity 7 Near Field Oil Prospects - P(Mean) of 15.1MMBOE 1 7 prospects previously mapped have been reviewed New technical interpreta
Slide 14: Pergern Oil Prospect Description
PERGERN OIL PROSPECT DESCRIPTION DRILL READY PROJECT AND FARM OUT CANDIDATE Pergen Seismic Section Showing Well Path PERGEN (PERG) is a material, prospective short development cycle, oil exploration prospect adjacent to producing fields that has been matured for drilling For personal use only Larg
Slide 15: Welchau-1 Technical Overview
WELCHAU-1 TECHNICAL OVERVIEW A STRATEGICALLY SIGNIFICANT GAS AND LIGHT OIL DISCOVERY Welchau Anticline Welchau -1 drilling and testing has confirmed a strategically significant showing Molln hydrocarbon discovery Gas Fairway Hydrocarbon shows, light oil sampled in Steinalm Formation and produced
Slide 16: Relevance of Welchau Results to Date
RELEVANCE OF WELCHAU RESULTS TO DATE A LIGHT OIL DISCOVERY CONFIRMED – DEEPER LARGE GAS TARGET REMAINS UNTESTED 1Refer to Cautionary Statement in slide 4 of presentation, 2Prospective Resources reporting date update 3.3.2026 – refer slide pg 19 Light Oil Accumulation 3 Prospective Resources reportin
Slide 17: C.R 150.AU Exploration Permit – Sicily Channel Offshore Italy
C.R 150.AU EXPLORATION PERMIT – SICILY CHANNEL OFFSHORE ITALY HIGH IMPACT GAS PROJECT IN AN EMERGING GAS PROVINCE ON EUROPE’S DOORSTEP A very prospective permit for gas demonstrated by historic data from deeper oil exploration For personal use only An emerging and newly producing offshore gas prov
Slide 18: Sicily Channel Offshore Italy - C.R 150.AU Exploration Permit
SICILY CHANNEL OFFSHORE ITALY - C.R 150.AU EXPLORATION PERMIT PROVEN GAS PLAY ENCOUNTERED IN A LARGE AREA WITHIN SIMILAR RESERVOIRS BASED ON EXTENSIVE DATA SET 2: Lippone producing analogue gas 1. ADX C.R 150.AU WELL DATA & 2D 1: ADX - C.R 150. AU field (ENI Med) and several SEISMIC CLEARLY PROOFS H
Slide 19: C.R 150.AU Exploration Permit – Sicily Channel Offshore Italy
C.R 150.AU EXPLORATION PERMIT – SICILY CHANNEL OFFSHORE ITALY A biogenic gas play fairway identified from extensive data and past ADX experience Map shows distribution of the Pliocene-Quaternary Nilde oil field (yellow) and Tortonian-Messinian siliciclastic For personal use only (orange) foredeeps
Slide 20: 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 21: 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