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Elixir Energy Limited ( (AU:EXR) ) just unveiled an announcement.
Elixir Energy Limited has announced a significant update to its Grandis Gas Project, achieving a maiden contingent resource booking for its deep dry coals. Certified by the Independent Auditor ERCE, the company has secured a 2C recoverable resource booking of 245 billion cubic feet in ATP 2044 and ATP 2077, with a recovery factor of less than 1% applied to its substantial gas in place. This development marks a positive step for Elixir’s operational expansion, positioning it favorably within the energy market and potentially enhancing its appeal to larger partnership prospects.
More about Elixir Energy Limited
Elixir Energy Limited is a company operating within the energy sector, focusing primarily on gas exploration and production. The company holds 100% working interests in its projects and is actively engaged in evaluating new well locations and negotiating infrastructure and offtake agreements.
YTD Price Performance: 0.0%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $36.55M
See more data about EXR stock on TipRanks’ Stock Analysis page.
