Elixir (ASX:EXR) named tenderer for Grandis-adjacent Taroom territory in Queensland
Elixir is named tenderer for adjacent licenses as state and federal governments continue a push for new domestic resources.
Elixir is named tenderer for adjacent licenses as state and federal governments continue a push for new domestic resources.
A large resource upgrade is expected be shortly followed as Elixir gets its appraisal program back on track for a novel multi-TCF gas play.
Unconventional Grandis gas is believed to be the deepest unstimulated Australian onshore flow ever recorded east of the Perth Basin.
Targeted coal zones totalling 65 metres stand as a key target to stimulate, flow, and add hefty net pay and production potential to Daydream-2.
Drilling continued to show elevated levels and during an extra 100 metres, Elixir encountered an unexpected but rapid increase.
Elixir drill further into a new gas paradigm encircled by major operations keeping a keen eye on an emerging super basin.
Elixir marks a milestone on a new idea to claim a multi trillion cubic feet gas play in an emerging energy super basin.
Spudding of Daydream-2 is on track, looking for a deep coal flow which would provide a large material resource expansion.
Gas is on the national agenda, and Elixir continue its advance towards milestone spudding with potential in hand for a significant resource increase.
Elixir Energy achieves flowrate milestone with high-purity natural gas in Mongolia’s South Gobi Basin.