Perth-based ADX Energy (ASX: ADX) has requested a trading halt pending release of an announcement about a capital raising.
The halt will last until an announcement is made or commencement of trading on Friday 10th December 2010.
Yesterday, ADX Energy had the rig tender evaluation for the drilling of the Sidi Daher 1 well on the Chorbane permit approved by ETAP (Enterprise Tunisienne D’Activites Petrolieres), giving ADX the choice of four compliant and technically capable onshore rigs.