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An announcement from Elixir Energy Limited ( (AU:EXR) ) is now available.
Elixir Energy has strengthened its board following Omega Oil and Gas’s recent acquisition of a 19.43% stake through a $16.6 million capital raising, with Omega exercising its right to nominate two directors. Industry veteran Peter Stickland and energy and resources executive Anthony Tarr have been appointed effective 1 January 2026, supported by a conflict and confidentiality protocol to manage joint venture-related information, a move the company says will bolster governance, strategic oversight and capital discipline at a pivotal stage in its growth.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
More about Elixir Energy Limited
Elixir Energy Limited is an Australian gas exploration and development company and the largest acreage holder in the Taroom Trough in Queensland’s Bowen Basin. Operating in a region analogous to Canada’s Montney Formation and adjacent to Shell’s key Basin Centered Gas investment area, Elixir is focused on appraising its independently certified 2C contingent gas resources of around 2.8 TCF, leveraging proximity to the Wallumbilla Gas Hub, multiple pipelines, LNG export facilities, refineries and Queensland’s mature onshore gas infrastructure.
Average Trading Volume: 3,767,861
Technical Sentiment Signal: Buy
Current Market Cap: A$138.8M
Learn more about EXR stock on TipRanks’ Stock Analysis page.