EXR Price sensitive 17 Dec 2025, 8:19 AM

Elixir & QGC Execute Taroom Trough Data Sharing Agreement

Elixir Energy Ltd

Elixir & QGC Execute Taroom Trough Data Sharing Agreement

Key points

  • Elixir has executed a data sharing and ingress agreement with QGC
  • Elixir will acquire 3D seismic data in 2026 over the North and West of ATP2077 Block-A
  • Elixir will provide the future Daydream-3 well information and logs to QGC

Full summary

Elixir Energy Limited (ASX: EXR, Elixir, the Company) has entered into an agreement with QGC Pty Limited (QGC) to facilitate its ingress into ATP2077-Block A (100% EXR) and the acquisition of 3D Seismic data. Elixir will receive the processed data acquired in Block-A and the reciprocal area that extends from the mutual boundary between ATP645 (QGC's permit) and ATP2077 to a distance of 2 kilometers into ATP645. Elixir has also agreed to provide the future Daydream-3 well information and logs to QGC in exchange for this upfront geophysical data. The acquisition and sharing of this data set over Elixir's Block-A on the western flank of the Taroom Trough by QGC will assist in de-risking the future Daydream-3 appraisal well location in the north-west of the permit which contains 184 BCFe of 2C Contingent Gas Resources.

Summary generated by a large language model. Please interpret with care.

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