Elixir Energy has increased its independently certified 2C Contingent Gas Resources in the Taroom Trough to approximately 2.8 TCFe following a new resource booking in ATP2077 Block-B.
Elixir Energy (ASX:EXR) earns “Speculative Buy” coverage as analysts highlight its 2.6 Tcf gas position alongside Shell in Queensland’s Taroom Trough.
Elixir Energy is laying the groundwork to become Queensland’s next gas producer with a fast-follower strategy and the largest acreage position in the Taroom Trough.
Elixir’s leadership recognises the importance of this milestone, with Managing Director Neil Young highlighting it as a groundbreaking achievement for the company and the broader play.