ADX Energy has increased its economic interest in the Anshof oil field in Upper Austria from 50% to 70% without cash expenditure, acquiring Xstate Resources’ 20% stake by offsetting the purchase price against unpaid cash calls. This strategic move boosts ADX’s daily output from the Anshof-3 well to 72 barrels of oil per day, contributing to a total production of 307 barrels of oil equivalent per day across its Austrian operations. Additionally, ADX plans to advance exploration efforts in the region and has secured new gas targets, with potential drilling campaigns anticipated later this year.
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Jury hears more of Sean ‘Diddy’ Combs’ ‘debauchery’
Sean "Diddy" Combs faces serious charges in a sex trafficking trial, including racketeering conspiracy, with the potential for life imprisonment if convicted. A former girlfriend, referenced as Jane, testified that Combs dismissed her requests to stop having sexual encounters with other men, threatening to cut off her rent payments when she expressed her discomfort. The trial has featured multiple witnesses, including another former girlfriend, Cassie Ventura, who described similar exploitative experiences, raising significant concerns about...
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