Elixir Energy has de-risked the horizontal phase of its Lorelle-3H appraisal well in Queensland’s Taroom Trough, setting up a 1,000m+ lateral and planned flow test prior to end-June 2026.
Elixir Energy (ASX:EXR) has completed drilling of the Lorelle-3 pilot hole to 3,580 m MDRT, intersecting multiple Permian reservoir targets and recovering high-quality core from its primary Tinowon ‘Dunk’ Sandstone target in Queensland’s Taroom Trough.
Elixir Energy Limited has executed a seismic data sharing and ingress agreement with QGC to support 3D seismic acquisition ahead of the planned Daydream-3 appraisal well in Queensland’s Taroom Trough.
Stuart Nicholls says the $16.6 million capital raising marks a defining step for Elixir Energy as it accelerates into Phase 2 of its Strategic Plan.
Elixir Energy has executed its rig contract and advanced civil works to 30 per cent completion as it prepares to drill the high impact Lorelle 3 appraisal well in the Taroom Trough.
Elixir Energy has secured R&D Tax Incentive qualification for its upcoming Lorelle 3 appraisal well in Queensland’s Taroom Trough, providing a clearer funding pathway ahead of drilling planned for January 2026.
Elixir Energy has increased its independently certified 2C Contingent Gas Resources in the Taroom Trough to approximately 2.8 TCFe following a new resource booking in ATP2077 Block-B.
Elixir Energy (ASX:EXR) earns “Speculative Buy” coverage as analysts highlight its 2.6 Tcf gas position alongside Shell in Queensland’s Taroom Trough.
Elixir Energy (ASX:EXR) has confirmed 23 metres of net gas pay across multiple Permian formations at its Diona-1 exploration well in Queensland’s Surat-Bowen Basin, signalling potential for a new east coast gas source.
Elixir Energy (ASX: EXR) has commenced drilling at the Diona-1 conventional gas and oil exploration well in Queensland’s Surat-Bowen Basin.