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 Videos
Elixir Energy (ASX:EXR) successfully achieves first gas flow from deep coals in Taroom Trough, Queensland
Elixir Energy's Daydream-2 well has successfully flowed gas from deep coal seams in Queensland's Taroom Trough, marking the first such achievement in Australia and a pivotal step towards unlocking significant gas resources.
Elixir (ASX:EXR) named tenderer for Grandis-adjacent Taroom territory in Queensland
Elixir is named tenderer for adjacent licenses as state and federal governments continue a push for new domestic resources.
Elixir (ASX:EXR) grows Grandis gas to 1297 billion cubic feet in Queensland quest
A large resource upgrade is expected be shortly followed as Elixir gets its appraisal program back on track for a...
Elixir (ASX:EXR) shows free-flows no fluke in Queensland Daydream
Unconventional Grandis gas is believed to be the deepest unstimulated Australian onshore flow ever recorded east of the Perth Basin.
Elixir (ASX:EXR) log Daydream pay
Targeted coal zones totalling 65 metres stand as a key target to stimulate, flow, and add hefty net pay and...
Elixir (ASX:EXR) encounter unstimulated flow at Daydream-2
Drilling continued to show elevated levels and during an extra 100 metres, Elixir encountered an unexpected but rapid increase.
Elixir (ASX:EXR) drill further into Daydream-2
Elixir drill further into a new gas paradigm encircled by major operations keeping a keen eye on an emerging super...
