Tag: Lorelle-3

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 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.