Elixir - Good Oil & Gas Conference Presentation

Key points

• Elixir Energy presented at the Good Oil & Gas Conference.
• Phase-1 well testing at Lorelle-3 shows promising results.
• Company is strategically positioned in the Taroom Trough.

Full summary

Elixir Energy Ltd presented at the Good Oil & Gas Conference, showcasing its position in the Taroom Trough, a region with significant potential for oil and gas. The presentation highlighted the successful phase-1 well testing at Lorelle-3, which demonstrated promising hydrocarbon quality and potential for high flow rates. The company is strategically positioned to supply both the East Coast gas market and international LNG demand, with immediate high-value catalysts on the horizon.

Outlook

Elixir Energy anticipates a momentum shift in the Taroom Trough as multiple rigs start up, potentially leading to collaborative production within two years.