Elixir Energy Limited (AU:EXR) has released an update.
Elixir Energy Limited has successfully completed testing at the Daydream-2 well in Queensland, with positive outcomes including gas flow rates from five out of six stimulated zones, and plans to convert prospective resources into contingent resources. The well will be preserved for future gas production, following the fulfillment of all licensing commitments for ATP 2044, as Elixir seeks to secure a retention lease for the site.
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