ADX Energy Ltd is an Australia-based oil and gas exploration and appraisal company. As of June 30, 2012, the Company operated five oil and gas permits in North Africa and Europe, together with gold and base metal interests in Australia held through its stake in Riedel Resources (RIE). The Company holds a 60% interest in the Kerkouane permit, including the Lambouka Prospect Area. The Company is the operator of the 2,438 square kilometers Chorbane permit which is located in central Tunisia. During the fiscal year ended June 30, 2012 (fiscal 2012), Sidi Dhaher-1 well was completed. Its Romania Parta Exploration License covers an area of 1,221 square kilometers and is located in the oil and gas producing southern Pannonian basin of western Romania and considered underexplored. The Company�s subsidiaries include Alpine Oil & Gas Pty Ltd, AuDAX Energy GmbH, AuDAX Energy Srl, and Bull Petroleum Pty Ltd.