Top End Energy (ASX:TEE) tees up on NT gas play fairway
Early work in the NT shows high potential for large gas play fairways and key source rocks extending onto newly acquired territory.
Early work in the NT shows high potential for large gas play fairways and key source rocks extending onto newly acquired territory.
Elixir is named tenderer for adjacent licenses as state and federal governments continue a push for new domestic resources.
A large Queensland grant endorses State Gas and its unique ability to capture testing gas and deliver rapidly to market.
Jade enhances its gas supply pact with Mongolia’s largest gas distributor as it looks towards commercialisation and mass scale sales.
Arafura strikes an accord the Mereenie Field joint venture to locally fuel Nolans rare earth with Northern Territory natural gas.
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.