Elixir Energy (ASX:EXR)

A Major New Play is Being Proven in Queensland’s Taroom Trough

Elixir Energy Limited (“Elixir” or the “Company”) is pleased to present its investor presentation.

Introducing the Taroom Trough

  • One of the few remaining places onshore Australia where a substantial gas resource could exist – and in a great location to access markets
  • Permian coals have sourced oil and gas fields on the flanks, but considerable gas volumes remain trapped within the depocentre
  • The unique geology of the Taroom Trough means tight gas from this basin may succeed where others (e.g. Nappamerri Trough – Cooper Basin) have failed
  • Stress modelling by Elixir has recognised the importance of stress partitioning and stress anisotropy in this area resulting in the derivation of an optimal fracture stimulation program

The Taroom Trough – An Advantaged Location

The prolific Bowen Basin is now set to deliver another energy source

  • The Grandis Gas Project is very well located in the Taroom Trough in the Southern Bowen Basin
  • Australia’s premier physical and commercial gas hub – Wallumbilla – is immediately adjacent
  • Market factors are now driving new rounds of drilling in the Taroom Trough - including by Majors
  • Pipeline costs minimal – material savings per GJ – as well as avoidance of financing concerns over new transmission pipelines
  • Long term community acceptance of oil and gas locally
  • Australia’s onshore oilfield service sector is centred in the region


Click here for the full ASX Release

This article includes content from Elixir Energy, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

EXR:AU
The Conversation (0)
Elixir Energy

Elixir Energy

Early-mover in natural gas exploration and appraisal in Australia and Mongolia.

Josef Schachter, oil rigs.

Josef Schachter: Oil/Gas Stock Buy Window — 3 Signals to Watch

Josef Schachter of the Schachter Energy Report shares his outlook for oil and natural gas, including when he thinks the next buying opportunity will be for stocks.He also discusses his upcoming Catch the Energy conference.Use code INN100 for $100 off annual subscription to the Schachter Energy... Keep Reading...
Cespira Signs Agreement to Supply Components for a Customer Truck Trial

Cespira Signs Agreement to Supply Components for a Customer Truck Trial

Westport Fuel Systems Inc. ("Westport") (TSX:WPRT Nasdaq: WPRT), a supplier of alternative fuel systems and components for the global transportation industry, announced today that Cespira, Westport's joint venture with the Volvo Group, has signed an agreement with and received full payment from... Keep Reading...
Silhouette of drilling rigs and oil derricks with Canadian flag in background.

5 Best-performing Canadian Oil and Gas Stocks of 2025

Oil prices weakened in Q3 as global supply outpaced demand and inventories swelled.Brent crude fell 1.7 percent to end the quarter at US$65.90 per barrel, while West Texas Intermediate dropped to US$62.33. Deloitte’s latest energy report attributes the decline to rising stockpiles and OPEC+’s... Keep Reading...
Valeura Energy (TSX:VLE)

Valeura Energy Inc Announces Q3 2025 Operations and Financial Update

Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company") is pleased to provide an update on Q3 2025 operations, including the results of a ten-well drilling campaign at its Nong Yao field on block G11/48 (90% operated working interest), offshore Gulf of Thailand.Key HighlightsSafe... Keep Reading...
Oil pumps and stock market graphs merging in a digital overlay.

Oil and Gas Price Update: Q3 2025 in Review

The oil market struggled in Q3 as prices continued to soften under mounting supply pressure. Following moderate gains in H1, prices contracted to end the third quarter lower than their July 1 start positions. Brent crude began the period at US$67.10 per barrel and finished at US$65.90, a 1.7... Keep Reading...
Alvopetro Announces September 2025 Sales Volumes, Quarterly Natural Gas Price Update, Non-Core Disposition and Western Canadian Expansion

Alvopetro Announces September 2025 Sales Volumes, Quarterly Natural Gas Price Update, Non-Core Disposition and Western Canadian Expansion

Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces September sales volumes of 2,231 boepd (based on field estimates), our updated quarterly natural gas pricing, the disposition of our Bom Lugar and Mãe da Lua marginal oil fields in Brazil an expansion of our inventory of... Keep Reading...

Latest Press Releases

Related News