Elixir Energy just weeks out from high impact Daydream-2 spud
October 27, 2023 at 03:06 am IST
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Elixir Energy Ltd (ASX:EXR) MD Neil Young tells Proactive the company continues to progress towards the spud of its Daydream-2 appraisal well — the “highest impact well in Elixir’s history” — at its 100% owned Grandis Gas Project in Queensland’s Taroom Trough. With the well due to spud in the first few weeks of November, Elixir confirms that construction of the well pad and upgrade of pre-existing access roads is now complete, the water well production casing is in place and the surface conductor has been installed prior to the rig arriving.
Young said: “The spud of the Daydream-2 well now only a few weeks away, with strong progress being made on all the required fronts to deliver what will be the highest impact well in Elixir’s history.
"We look forward to providing the market with regular updates on our progress in the weeks and months to come.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Elixir Energy Limited is an Australia-based gas exploration and development company. The Company is focused on primarily focused on an exploration and appraisal program targeting natural gas in the form of coal-bed methane (CBM) in Queensland, Australia and the South Gobi, Mongolia. It is also developing Gobi H2 green hydrogen project and solar project in Mongolia. The Company holds 100% of a Queensland exploration permit ATP 2044, named Grandis Gas Project, located in the Taroom Trough of the Bowen Basin, Queensland. Its Grandis Gas Project covers an area of 1,000 square kilometers (km2) located close to existing gas transmission infrastructure centered on the Wallumbilla gas hub. he Nomgon IX CBM PSC (Nomgon Project) is located on the Mongolian Chinese border, around 400 kilometers (km) North of Chinaâs main gas transmission grid. The Nomgon Project license area covers 30,000 km2 (seven million acres). Its subsidiaries include Golden Horde Pty Ltd, GOH LLC, GOH Clean Energy LLC.