ADX Energy Limited (ASX:ADX) Results from the First Target Formation At The Lambouka-1 Well

  Perth, Australia, Aug 16, 2010 - (ABN Newswire) - ADX Energy Limited (ASX:ADX) (PINK:ADXRF) advises that the Lambouka-1 has encountered the first Birsa sandstone formation at a measured depth of 1,635 meters.Whilst the presence of an excellent top seal as well as permeable reservoir intervals was highly encouraging, the MWD (measurement while drilling) logs indicates that the first Birsa sandstones encountered are water bearing.  

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