Regionally impactful flow testing at Lorelle-3H
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| Stock | Elixir Energy Ltd (EXR.ASX) |
|---|---|
| Release Time | 3 Aug 2026, 8:28 a.m. |
| Price Sensitive | Yes |
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Elixir Energy Announces Successful Flow Testing at Lorelle-3H
Key Points
- Lorelle-3H achieved peak rates of 10.4 mmscfd plus 10 bbls/d condensate
- Excellent gas quality with high energy conversion factor
- Taroom Trough identified as a significant development opportunity
- Key objectives met, well ready for production
- 60-day soak planned before further testing
Full Summary
Elixir Energy Limited has announced the successful completion of the first phase of flow testing at the Lorelle-3H appraisal well in the Taroom Trough, Queensland. The well achieved peak rates of 10.4 million standard cubic feet per day (mmscfd) of gas and 10 barrels per day (bbls/d) of condensate, with stable rates averaging 2.35 mmscfd. The gas quality is excellent, with a high energy/sales conversion factor. The results confirm the Taroom Trough as a significant development opportunity. Key objectives were met, and the well is now ready for production. A 60-day soak is planned before further testing.
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