VANCOUVER, BC — February 12, 2026 — Leads & Copy — MCF Energy Ltd. is moving forward with testing of the Welchau-1 well in Austria after legal objections were resolved.
The Upper Austrian State Administrative Court ruled in September 2025 that ADX Energy, the operator of the project, could resume drilling and testing activities. MCF Energy holds a 25% interest in the Welchau project, while ADX Energy holds the remaining 75% interest.
Testing of the Reifling Formation was previously interrupted in January 2025 due to legal objections from environmental non-governmental organizations. The objections were related to Environmental Clearances provided to ADX for the drilling and testing of Welchau.
The Reifling Formation is the shallowest of four carbonate reservoirs intersected at Welchau-1. According to the company, an acid stimulation will be performed to test this potential reservoir. The testing program aims to determine if moveable hydrocarbons are present and the flow characteristics of the Reifling Formation, which is believed to be at or near a light oil accumulation mapped updip of Welchau-1.
The company states that the primary testing goals are to determine the hydrocarbon content and flow characteristics of the Reifling formation, which is interpreted to be near the oil water contact for a light oil accumulation in the Welchau anticline, mapped approximately 500 metres updip of the Welchau 1 well.
The Welchau-1 well is situated in the Northern Calcareous Alps hydrocarbon fairway. It was drilled to assess gas and condensate potential within the Middle Triassic fractured carbonate reservoir sequences below the Triassic Lunz-Partnach regional seal complex. The well reportedly drilled through a hydrocarbon-bearing complex fractured carbonate reservoir interval with continuous hydrocarbon shows.
MCF Energy was established in 2022 to enhance Europe’s energy security through responsible exploration and development of natural gas resources within the region. The Company has secured interests in several significant natural gas exploration projects in Austria and Germany with additional concession applications pending. MCF Energy is also evaluating additional opportunities throughout Europe. The Company’s leaders have extensive experience in the European energy sector and are working to develop a cleaner, cheaper, and more secure natural gas industry as a transition to renewable energy sources. MCF Energy is a publicly traded company (TSX.V: MCF; FRA: DC6; OTCQX: MCFNF) and headquartered in Vancouver, British Columbia.
Additional information on the Company is available at www.sedarplus.ca under the Company’s profile.
Source: MCF Energy Ltd.
