Elixir Energy Limited (ASX: EXR) is an ASX listed gas exploration and development company. It is currently primarily focused on an exploration and appraisal program targeting natural gas in the form of coal-bed methane (CBM – known as coal seam gas – CSG -in Australia) in Queensland, Australia and the South Gobi, Mongolia. Elixir Energy has been developing the Gobi H2 green hydrogen project and solar project in Mongolia.
Elixir Energy holds 100% of a Queensland exploration permit ATP 2044, named Grandis Gas Project, located in the Taroom Trough of the Bowen Basin, Queensland. The Grandis Gas Project has booked an initial contingent resource (2C) of 365 billion standard cubic feet of gas. In late 2023, the Company completed the Daydream-2 appraisal well; the well intersected an unexpected permeable sandstone zone at approximately 4,200 metres. The zone flowed gas into the wellbore which resulted in a flare at the surface.
Elixir Energy holds 100% of a CBM production sharing contract (PSC), located just to the North of the Mongolian/Chinese border, which is called the Nomgon. The Nomgon Project licence area covers ~30,000 km2 (~7 million acres).
The Company’s strong foundation of multiple level Government and other energy stakeholder relationships is now being used as a platform to grow cleaner energy options involving hydrogen derived from renewables (green hydrogen).
Managing Director & Chief Executive Officer: Neil Young
Mr Young has more than twenty years’ experience in senior management positions in the upstream and downstream parts of the energy sector, focusing on business development, new ventures, gas marketing and general commercial functions.
He has worked for a range of companies in the UK and Australian including EY, Tarong Energy and Santos. Mr Young founded Golden Horde Ltd in 2011 with a view to exploring for gas on the Chinese border in Mongolia. He has also developed various new ventures in other countries including Kazakhstan, Japan and the USA.
Mr Young has a M.A. (Hons) joint degree in Economics/Politics from the University of Edinburgh.
Latest News
Elixir Energy (ASX:EXR) secures R&D funding pathway for Lorelle 3 appraisal well
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 (ASX:EXR) Taroom Trough resource base expands
Elixir Energy has increased its independently certified 2C Contingent Gas Resources in the Taroom Trough to approximately 2.8 TCFe following...
Elixir Energy (ASX: EXR) emerging gas contender in the Taroom Trough
Elixir Energy (ASX:EXR) earns “Speculative Buy” coverage as analysts highlight its 2.6 Tcf gas position alongside Shell in Queensland’s Taroom...
Elixir Energy (ASX:EXR): Diona-1 Well confirms 23 metres of net gas pay
Elixir Energy (ASX:EXR) has confirmed 23 metres of net gas pay across multiple Permian formations at its Diona-1 exploration well...
Elixir Energy (ASX:EXR) commences drilling at Diona-1 well
Elixir Energy (ASX: EXR) has commenced drilling at the Diona-1 conventional gas and oil exploration well in Queensland’s Surat-Bowen Basin.
Elixir Energy (ASX:EXR) charts clear course to production in Queensland’s emerging gas hub
Elixir Energy is laying the groundwork to become Queensland’s next gas producer with a fast-follower strategy and the largest acreage...
Elixir Energy (ASX:EXR) hands over the reins as Grandis Project edges closer to development
Elixir Energy passes the baton to a proven growth leader as it gears up to commercialise one of the East...
