Elixir and QGC expand Taroom Trough data sharing

Key points

• Elixir and QGC signed a new data sharing agreement
• Acquisition of 3D seismic data over southern border of ATP2056
• Exchange of static well data between Lorelle-3H and Bathurst-5

Full summary

Elixir Energy Limited has entered into a new data sharing agreement with QGC Pty Limited, a subsidiary of Shell Australia, to acquire 3D seismic data over the southern border of ATP2056 and an area encompassing the Lorelle-3H well, extending into ATP645. Additionally, both companies will exchange static well data from Lorelle-3 and Bathurst-5. This agreement complements the existing data sharing arrangement over ATP2077-A, where QGC has completed the seismic acquisition. The new data is expected to enhance the understanding of the region's geological features and support Elixir's planned reserve booking following the second phase of flow testing at Lorelle-3H.