Elixir Energy Advances Gas Extraction at Daydream-2

Elixir Energy Limited (AU:EXR) has released an update.

Elixir Energy Limited reports positive developments from the Daydream-2 well at Project Grandis, with production logging confirming contributions to flow from upper zones, while plans are set to clean out the well to enhance flow rates. A slight delay is expected as Elixir awaits the Coil Tubing Unit for well clean-out and flow testing, but the company remains optimistic about the Taroom Trough’s growing significance for Australia’s gas supply.

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