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OTC Markets Group Welcomes D3 Energy Limited to OTCQX
Globenewswire· 2025-10-08 11:00
Core Insights - D3 Energy Limited has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which is a significant milestone for the company [1][3][4] Company Overview - D3 Energy Limited is focused on helium and natural gas exploration, with its flagship asset ER315 located in South Africa's Free State Province, which contains reserves and significant contingent and prospective resources [5] - The company has expanded into Australia by acquiring helium and hydrogen permits in the Arckaringa Basin, broadening its international presence in critical gases while advancing ER315 towards development [5] Market Context - The OTCQX Market is designed for established, investor-focused companies that meet high financial standards and corporate governance practices, enhancing visibility among U.S. investors [3] - The upgrade to OTCQX is expected to increase D3 Energy's profile and credibility in the North American market, potentially leading to greater investor engagement and liquidity [4]
ADX Energy wins respite from Austrian court after anti-gas activist groups dismissed
The Market Online· 2025-09-22 00:22
Core Viewpoint - ADX Energy has received a favorable ruling from an Austrian court regarding its Welchau project, allowing the company to resume drilling operations that were previously suspended due to environmental objections [1][3][4]. Group 1: Legal and Regulatory Developments - The Upper Austrian State Administrative Court ruled that the Environmental Clearances for the Welchau project were granted in accordance with regulations, supporting ADX's past drilling and testing activities [4]. - Environmental groups had previously objected to the drilling plans, but the court's decision effectively overturns these objections, enabling ADX to continue its operations [1][2]. Group 2: Operational Implications - ADX Energy plans to resume drilling and testing activities at the Welchau-1 location during the winter months, specifically from October 1 to March 31 [3]. - The suspension of operations at the beginning of the year has now been reversed, allowing the company to move forward with its project [3]. Group 3: Market Sentiment and Future Outlook - The share price of ADX Energy, which last traded at 2.8 cents per share, may reflect retail investor sentiment towards the EU energy sector as the company progresses into 2026 [3][5]. - The court's decision is seen as a positive indication of ongoing support for gas exploration in Austria, driven by public interest in securing clean domestic natural gas reserves [4].
X @Bloomberg
Bloomberg· 2025-08-05 10:37
Nigeria’s First E&P is eying gas exploration in East Africa, reflecting a wider push by the country’s energy companies to grow outside the home market https://t.co/JrMb8e0vyQ ...