Lorelle-3H Fracture Stimulation Complete
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| Stock | Elixir Energy Ltd (EXR.ASX) |
|---|---|
| Release Time | 26 Jun 2026, 8:13 a.m. |
| Price Sensitive | Yes |
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Elixir Energy Completes Lorelle-3H Fracture Stimulation
Key Points
- Lorelle-3H's 12-stage fracture stimulation program completed as designed
- 100% of proppant placed within the target formation
- Milling stage-plugs to commence flow-back operations
- 30 days of gas-condensate production testing planned
Full Summary
Elixir Energy Limited has successfully completed the designed 12-stage fracture stimulation of the Lorelle-3H appraisal well in the Taroom Trough, Queensland. The 1,033 meters of net gas-condensate pay within the Tinowon 'Dunk' Sandstone reservoir was effectively stimulated. All proppant was placed within the target formation, confirmed by multiple 'fall-off' pressure tests. Elixir is now milling out stage-plugs to commence flow-back operations, followed by 30 days of gas-condensate production testing. This testing aims to prove commercial flow rates and support potential reserve conversion. The well is a significant step for Elixir's substantial acreage position in the Taroom Trough.
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