Lorelle-3H Completion & Testing Update
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| Stock | Elixir Energy Ltd (EXR.ASX) |
|---|---|
| Release Time | 4 Jun 2026, 8:18 a.m. |
| Price Sensitive | Yes |
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Elixir Energy Announces Lorelle-3H Completion & Testing Update
Key Points
- Lorelle-3H stimulation, completion, and testing phase to start today.
- Designed 11-stage stimulation with operations to begin in mid-June.
- Testing operations to commence in late June to deliver IP30 production curve.
Full Summary
Elixir Energy Limited, a major player in the Taroom Trough of Queensland's Bowen Basin, has announced the commencement of the Lorelle-3H well's stimulation, completion, and testing phase. The Diagnostic Fracture Injection Test (DFIT) is underway to measure reservoir pressures and gather critical data. The well will undergo an 11-stage stimulation with operations starting in mid-June. Following the stimulation, a flow-back and testing phase will begin in late June, aiming to deliver a high-quality IP30 data set to support the well's primary objectives.
Outlook
Elixir Energy is optimistic about the potential of the Lorelle-3H well to demonstrate commercial flow rates of gas and condensate, which could lead to a maiden reserve conversion.
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