Elixir Energy

Data Sharing Agreement With Santos

Elixir Energy Limited (“Elixir” or the “Company”) is pleased to advise that it has entered into a Data Sharing Agreement with a Santos group company in connection with its 100% owned Grandis Gas Project (ATP 2044) located in the Bowen Basin, Queensland.


HIGHLIGHTS

  • Data Sharing Agreement entered into with Santos
  • Agreement covers planned wells in neighbouring permits in the Taroom Trough
  • Forum for potential technical cooperation established
The Agreement provides for Elixir and Santos to exchange technical data on planned wells in the neighbouring ATP 2044 (Elixir) and ATP 2056 (Santos) exploration permits located in the Taroom Trough.

The Agreement also provides a mechanism to establish a forum for technical discussions about the deep Permian plays in the Taroom Trough.

Elixir’s Managing Director, Mr Neil Young, said: “We are naturally very pleased to enter into this Agreement with a company of the size and quality of Santos, who is a neighbour on multiple sides of our Grandis Project. The enormous potential of the known and extensive gas resources in the Taroom Trough will have a greater chance of being realized through such cooperative efforts. We look forward to working with Santos in the years ahead to develop this play.”


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.

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