EXR
Director Trades
| Date | Director | Value |
|---|---|---|
| N. Young | $31,721 | |
| S. Nicholls | $100,881 | |
| Stuart Nicholls | $49,890 |
Company News
Xstate Resources and Elixir Energy Discover Substantial Gas Column at Diona-1 Well
Xstate Resources (ASX: XST) and farm-in partner Elixir Energy (ASX: EXR) are eagerly seeking further data after drilling into a significant gas column at the Diona-1 well in the onshore Surat-Bowen Basin in Queensland. While the partners found the well’s primary target to be non-hydrocarbon bearing, they subsequently encountered a 181-metre hydrocarbon prone permian-to-basement sequence at a […]
Drilling success at Queensland’s Taroom Trough could undercut gas reservation debate
While federal opposition leader Peter Dutton’s plan to enforce a gas reservation policy on the east coast of Australia is creating major angst within the nation’s energy industry, recent drilling success in central Queensland could make it a moot point in the long term. Global energy major Shell, leading Australian gas supplier Santos (ASX: STO) and […]
Weekly wrap: minor fall comes after ten positive sessions
It was a close-run thing but the Australian share market recorded its first fall after ten positive sessions on Friday, with the ASX 200 index shedding just 3.1 points to 8023.9 points. With a major speech from US Federal Reserve chair Jerome Powell in prospect and a 1.7% fall on the Nasdaq as a lead in, […]
Elixir Energy hits record-depth coal gas flow at Daydream-2 well in Queensland
Elixir Energy (ASX: EXR) has achieved the deepest flow of coal gas to the surface ever recorded in this country in latest testing on the Daydream-2 well at its 100%-owned Project Grandis in Queensland’s Taroom Trough region. Daydream-2 has attracted significant attention as a potentially game-changing gas discovery after drilling encountered an unexpected sandstone reservoir […]
Elixir Energy set to add Taroom acreage to its portfolio following Daydream-2 discovery
With its confidence boosted by the recent Daydream-2 gas discovery in Queensland, Elixir Energy (ASX: EXR) looks set to add further acreage to its Taroom Basin portfolio. Elixir drilled what has the potential to be a major gas discovery when it tapped into a large sandstone reservoir at Daydream-2 within its 100%-owned Project Grandis. The […]
Elixir Energy highlights potential for early coal seam gas production at Nomgon
Absorption test results from Elixir Energy’s (ASX: EXR) Nomgon-1 well has indicated the coals are near fully gas-saturated, which could point to a simpler and cheaper pilot design for the Mongolian coal seam gas (CSG) project and the potential for early production. The junior explorer today reported the final key laboratory results for its Nomgon-1 […]
Exore debuts maiden gold resource for Bagoe exceeding 500,000oz
West Africa gold explorer Exore Resources (ASX: ERX) has debuted a substantial maiden resource for its Bagoe project in Cote d’Ivoire with the initial resource exceeding 500,000 ounces of contained gold. The maiden resource is based on drilling completed across the Antoinette and Veronique targets over 14 months with the latest campaign finishing in February. […]
Elixir Energy intersects thick ‘highly encouraging’ coal at Nomgon-1
In its search for thick gassy coal seams, Elixir Energy (ASX: EXR) has struck 82m of net coal below 300m at the Nomgon-1 core hole well, which has been described as “visually good quality” and “very thick”. Within that, the widest coal seam below the 300m cut-off was 51m, which extended from 373m to 424m. […]
Entek Energy chases Alaskan oil riches after proceeding with Elixir acquisition
Entek Energy (ASX: ETE) will secure a foothold in Alaska’s oil-rich North Slope after moving to acquire Emerald House, a subsidiary of Elixir Petroleum (ASX: EXR). In a statement to shareholders, Entek said it had exercised its option to acquire Emerald, with the transaction set to be completed next month. Entek will issue Elixir up to 200 million convertible preference shares valued at $0.015. The transaction stems from […]
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