Elixir Energy

Daydream-2 Stimulation Program Underway

Elixir Energy Limited (“Elixir” or the “Company”) is pleased to provide an operations update on its 100% owned Grandis project located adjacent to the Wallumbilla gas hub in Queensland.


HIGHLIGHTS

  • Six stage stimulation program now underway
  • Stimulation phase to be immediately followed by extensive flow testing
  • The Lorelle Sandstone, which has already flowed a stabilized 1.3 million cubic feet per day, will be included in the stimulation and flow testing program
Following the recent successful flow test on the Lorelle Sandstone, which flowed gas without stimulation from a depth of 4,200 metres, the next phase of the Daydream-2 appraisal project is now underway.

Global leader in stimulation services Halliburton yesterday commenced the multi-stage stimulation program at Daydream-2, with a total of 16,000 hydraulic horse power of equipment now in use.

Halliburton fleet arriving on site

This program will have six separate stages, targeting two coal zones, three tight gas zones and the Lorelle Sandstone. Flow testing will follow immediately thereafter – with a view to measuring flows from individual zones as well as in totality. Such measurements will be key inputs into a revised resource assessment, which will follow the flow testing.

Elixir’s Managing Director, Mr Neil Young, said: “We are pleased to announce that the next phase of our Daydream-2 work program has now commenced following the mobilization of extensive Halliburton kit to the site. Flow testing of our six separate target zones will follow shortly thereafter. The multiple objectives of this so far very successful appraisal program will now come to fruition in only a few weeks – we await this with bated breath.”


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.

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...

Valeura Energy

Valeura Energy Inc. is an upstream oil & gas company, with a clear strategy to add value for shareholders through growth. The Company is expanding operations organically and through acquisitions in Southeast Asia, focussing on assets with immediate or substantial near-term cash flow, with... Keep Reading...
Gas stove and world map.

Top 10 Countries for Natural Gas Production

Natural gas is an important energy fuel, even as the world transitions to a carbon-free economy. When investing in this industry, it's key to know the ins and outs of natural gas production by country.Global natural gas production edged up 1.2 percent in 2024 to reach 4.12 trillion cubic meters,... Keep Reading...

Latest Press Releases

Related News