Elixir Energy Limited is an ASX-listed gas exploration and development company primarily focused on coal-bed methane (CBM) exploration in the Taroom Trough, located in Queensland’s Bowen Basin, Australia. The company has strategically positioned itself with multiple exploration permits, including the Grandis Gas Project, where they hold 100% ownership of ATP 2044, 2077″A”, and 2077″B” permits, with an impressive total 2C contingent resource of 3 trillion cubic feet equivalent (TCFE).
The company’s key project, the Grandis Gas Project, has made significant strides in gas exploration, particularly with the Daydream-2 appraisal well completed in late 2024. This well intersected an unexpected permeable sandstone zone at approximately 4,200 metres, which successfully flowed gas into the wellbore and resulted in a surface flare. Additionally, Elixir Energy has a 50% working interest in ATP 2056 and ATP 2057 through a farmout agreement with Santos Ltd, further expanding their exploration potential in the region.
Beyond traditional gas exploration, Elixir Energy is also positioning itself for future energy transitions by exploring projects like the Diona Gas Project (ATP 2077″C”), where they hold 100% ownership. The company’s strategic location near the Wallumbilla gas hub provides excellent connectivity to both domestic and international markets, and they boast a long-term Australian team with extensive coal seam gas expertise. This combination of established resources, strategic partnerships, and forward-thinking approach makes Elixir Energy a notable player in Australia’s gas exploration sector.
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