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.
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Australian company Elixir Energy is confidently seeking new gas plays near its successful Daydream-2 well in Queensland.
The wellhead is in place at Daydream-2 and stimulation and testing planning is now being refined in the wake of rousing results.
Elixir will direct a bulk of new capital to Daydream expansion while investigating new opportunity in an emerging Super Basin.
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.