Elixir (ASX:EXR) stimulates Grandis Gas to awaken Queensland Daydream
The arrival of the Halliburton fleet marks the next phase of unlocking Elixir’s new idea for a multi-TCF gas play.
The arrival of the Halliburton fleet marks the next phase of unlocking Elixir’s new idea for a multi-TCF gas play.
Unconventional Grandis gas is believed to be the deepest unstimulated Australian onshore flow ever recorded east of the Perth Basin.
An initial review of the Piedra Redonda gas field reveals a best estimate resource of 404 billion contingent cubic feet and 2.2 trillion of upside.
Coal cuttings from the primary Grandis targets greatly exceed expectations and provide a large, innovative increase to the contingent resources.
Brookside spuds the first of four more oil wells lined up for back-to-back operations and simultaneous production in 2024.
Triangle Energy Global Ltd, in a joint venture with Strike Energy and New Zealand Oil and Gas have found more exploration potential in the energy rich 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.
Strong cash, no debt, a rosy outlook on energy prices, and excellent adjacent results spur Brookside toward a transformational campaign.
Reinterpreted data provides an analogue to one of the largest and most significant oil discoveries of the past 25 years.
Record Western demand for oil pushes supply to the limit.