EXR 4.17% 11.5¢ elixir energy limited

Ann: Gas Flow from Permeable Zone Provides Unexpected Upside, page-6

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    Elixir’s Managing Director, Mr Neil Young, said: “Flowing gas without stimulation from a deep section is immensely exciting for Elixir. Although these are still early days, the unexpected intersection of a permeable gas zone this deep in the section may unlock another new Australian deep gas play and will be of interest to many parties. Furthermore, on almost every other front the well has exceeded expectations – in terms of geology, engineering, economics and project management.”
 
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