RISC completes Independent audit of developed reserves for ADX’s Zistersdorf and Gaiselberg fields in the Vienna basin, Austria

RISC is happy to support ADX Energy Ltd in their work to prolong the life of their Vienna Basin fields and their move to hydrogen production and storage.

RISC conducted an independent audit of ADX’s developed reserves for the Fields at 1 July 2021, including production forecasts, cost estimates and project economics.

ADX Executive Chairman, Mr Ian Tchacos, said, “The RISC CPR results confirm that the developed reserves and production potential of ADX’s Gaiselberg and Zistersdorf fields significantly exceed previous expectation.”

Read the full press release and the details of RISC involvement in the project here:
https://lnkd.in/gBQuU6bR