ADX Energy Ltd · ASX:ADX
ADX Energy — Investor Presentation (October 2025)
22 slides from ADX Energy's investor presentation, Oct 21, 2025
Slide 1: Investment Proposition and Operating Strategy
Investment Proposition and Operating Strategy For personal use only Positioned for period of high activity in 2026 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 C o m p a n y P r e s e n t a t i o n Presented by: Ian Tchacos - Executive Chairman On 21 October 2025 A S 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: Asset Summary and Operating Capability
ASSET SUMMARY AND OPERATING CAPABILITY A COMPELLING PORTFOLIO: STABLE PRODUCTION, LOW-RISK IMMEDIATE GROWTH AND HIGH IMPACT EXPLORATION Austrian Austrian New Italian Value Adding Operating Multiple Long Term Exploration Growth Renewable Capability Farmouts Production Portfolio Portfolio Projects Gen
Slide 4: Financial Summary and Geographic Overview
FINANCIAL SUMMARY AND GEOGRAPHIC OVERVIEW Capital Structure ASX: ADX Ticker “A European Focussed FRA: GHU Share Price (at 1 October 2025) A$0.033 Energy Producer and Explorer” For personal use only Number of shares 584m Number of options 94m Market capitalisation A$19.3M Cash (unrestricted) at 30 Ju
Slide 5: Recent Activities and Results
RECENT ACTIVITIES AND RESULTS SUMMARY OF RESULTS – Q2 2025 Current Quarter Previous Quarter % age Change For personal use only Net Production Rate (BOEPD) 303 246 +23% Average Oil Price Brent (US$/bbl) US$67.82 US$75.66 - 10% Sales Revenue A$ 2.6 million 1 A$ 2.5 million +4% Cash Unrestricted A$ 4.8
Slide 6: Favourable Operating Positions in Austria and Italy
FAVOURABLE OPERATING POSITIONS IN AUSTRIA AND ITALY Highly prospective, short exploration time-lines, high value hydrocarbons and rapid development cycles Vienna Basin Fields Anshof Austria For personal use only • Excellent Infrastructure Access for both oil and gas Oil Field • Pro development with
Slide 7: European Gas Market Dynamics
EUROPEAN GAS MARKET DYNAMICS FUNDAMENTALS REMAIN VERY STRONG DESPITE 2023-2024 MARKET RE-BALANCING Main gas price indexes (average YTD) EU underground gas storage levels1 Tight market conditions in Europe in H1-25: Dutch TTF - demand up by 6.5% (15 bcm) For personal use only trades at a premium to -
Slide 8: Current Asset Priorities
CURRENT ASSET PRIORITIES FOCUS ON NEAR TERM CASH FLOW AND HIGH IMPACT GROWTH: SHALLOW GAS, NEAR FIELD OIL APPRAISAL & HIGH IMPACT EXPLORATION AT WELCHAU AND SICILY CHANNEL. Austrian Oil & Welchau-1 Testing Upper Austria Anshof Near Field Sicily Channel For personal use only Gas Production & Deepenin
Slide 9: Upper Austria 2026 Planned Activity
UPPER AUSTRIA 2026 PLANNED ACTIVITY WELCHAU TESTING, LOW RISK SHALLOW GAS PLAY DRILLING, NEAR FIELD OIL EXPLORATION AND PROSPECT MATURATION – PRODUCTION GROWTH AND VALUE BUILD Current Production and Near-term Activity3 1 2 3 4 5 For personal use only Welchau -1 HOCH -1 GOLD -1 SCHO -1 SGB -1 oil tes
Slide 10: Investment Summary
INVESTMENT SUMMARY 1. Industry trends • Long-term need for oil and gas not met by energy transition ADX is ideally positioned to • Opportunities created by larger companies exiting oil and gas develop a high growth, material 2. Energy market energy business that is dual For personal use only • High
Slide 11: Austria and Italy Assets Overview
AUSTRIA AND ITALY ASSETS OVERVIEW Austria Vienna basin For personal use only fields Austria ADX-AT-I Exploration ADX-AT-II licence Exploration licence Italy Anshof oil ADX C.R 150.AU fields Gas Permit ADX Energy (ASX: ADX) | Investor Presentation | 21 October 2025 11
Slide 12: 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 13: Upper Austria Exploration Prospect Portfolio
UPPER AUSTRIA EXPLORATION PROSPECT PORTFOLIO INCREASED EMPHASIS ON LOW-RISK GAS AND NEAR FIELD OIL Multiple Growth Pathways in a high value market with infrastructure access For personal use only Quick to commercialise low risk Shallow Gas Anshof Near Field oil tie in opportunities (to 3,000 BPD
Slide 14: Welchau-1 Condensate Testing and Welchau Deep Prospect
WELCHAU-1 CONDENSATE TESTING AND WELCHAU DEEP PROSPECT RECOMMENCE TESTING OPERATIONS (WELL ENCOUNTERED 450 METERS OF SHOWS AND LIQUID SAMPLES) Welchau-1 well testing in Q1 2026 X section showing Welchau-1 well, the Molln gas condensate discovery and after interruption due to environmental objections
Slide 15: Upper Austria Shallow Gas Play
UPPER AUSTRIA SHALLOW GAS PLAY (100% ECONOMIC INTEREST) MULTIPLE LOW RISK GAS PROSPECTS IDENTIFIED BY 3D SEISMIC AMPLITUDE RESPONSE (AVO - AI) A proven play that has produced 230 BCF to date in basin – 5 drill ready ADX prospects with up to 5 more being matured Shallow Gas Play developed over tw
Slide 16: Upper Austria Shallow Gas Play: GOLD Prospect Success Scenario
UPPER AUSTRIA SHALLOW GAS PLAY (100% ECONOMIC INTEREST) GOLD PROSPECT SUCCESS SCENARIO - VALUE BUILD BY MAXIMISING PRODUCTION AND MINIMISING CAPEX Extensive, valuable and repeatable play with multiple GOLD Prospect drilling in Q1 2026 - if successful follow prospects identified to date in ADX 100% h
Slide 17: Sicily Channel Permit, Offshore Italy
SICILY CHANNEL PERMIT, OFFSHORE ITALY NEW GROWTH OPPORTUNITY IN A PREMIUM ADDRESS FOR GAS DEVELOPMENT Highly prospective permit for gas supported by historic data from deeper oil exploration “A New Gas Frontier at Europe’s Door-Step” For personal use only An emerging and newly producing offshore g
Slide 18: Sicily Channel Data Availability Is the Key to Success
SICILY CHANNEL DATA AVAILABILITY IS THE KEY TO SUCCESS GAS PROVEN IN A LARGE AREA WITHIN SIMILAR RESERVOIRS 3. Several Miocene gas 1 1. ADX - C.R 150. AU sandstone reservoirs in onshore 1. ADX C.R 150.AU well data & 2D wells, close to Lippone field seismic clearly proves high porosity 3: Onshore Sic
Slide 19: Sicily Channel Permit, Offshore Italy
SICILY CHANNEL PERMIT, OFFSHORE ITALY A COMPELLING GAS PLAY SUPPORTED 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 BCF case 1
Slide 20: 2026 Work Program
2026 WORK PROGRAM NEAR TERM CASH FLOW BUILD AND HIGH IMPACT GROWTH “Poised for a period of Q4 2025 Q1 2026 Q2 2026 high activity in Q1 2026” For personal use only Shallow Gas Drilling Upper Austria Farmout GOLD Prospect A low risk, high Permitting and Rig Contracting value potential for Drill
Slide 21: Upper Austria Prospect Inventory Announced August 2025
UPPER AUSTRIA PROSPECT INVENTORY ANNOUNCED ON 27 AUGUST 2025 NATURAL GAS CRUDE OIL Equity Prospect Prospective Resource (BCF) Prospective Resource (MMBBL) Play Type interest Permit Name Low Best Mean High Low Best Mean High [%] P90 P50 (Pmean) P10 P90 P50 (Pmean) P10 GOLD 4.1 7.5 8.3 13.4 - - - - 10
Slide 22: 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