Elixir Energy Limited (AU:EXR) has released an update.
Elixir Energy Limited has expanded its footprint in the Queensland energy sector by securing the role of preferred tenderer for a new exploration area, PLR2023-1-7, adjacent to its Project Grandis in the Taroom Trough. Spanning 526 square kilometers, the new area is promising for both shallow and deep gas reserves and adds 14% more acreage to Elixir’s existing Taroom Trough projects. The company is moving forward with environmental and native title procedures to obtain the final Authority to Prospect.
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