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Elixir… EXR(ASX)

Apr 10, 2024

Video Highlights:

  • Elixir Energy showcases imminent success with gas play in the Bowen Basin of Queensland, Australia. Recent drilling of the Daydream 2 well has revealed exciting results with potential to substantially increase the project’s resource and commercial viability.
  • The Daydream 2 well has revealed significant absorbed gas content in the coal seams. This could further enhance the project’s resource base, with a prospective estimate of 3.6 trillion cubic feet of gas across the greater area.
  • The testing program is set to commence, and with the potential for positive news flow in the coming months, EXR presents an attractive opportunity for investors looking to gain exposure to the high-impact gas play in this promising region.
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