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Elixir Energy Limited ( (AU:EXR) ) just unveiled an update.
Elixir Energy Limited has entered into a data sharing agreement with QGC Pty Limited to acquire 3D seismic data over its ATP2077 Block-A, which will aid in de-risking the future Daydream-3 appraisal well. This collaboration enhances Elixir’s strategic positioning in the Taroom Trough, potentially impacting its operations by providing valuable geophysical data to support its exploration and development activities.
More about Elixir Energy Limited
Elixir Energy Limited is a significant player in the Taroom Trough within Queensland’s Bowen Basin, holding the largest acreage in the area. The company focuses on appraising its substantial contingent gas resources, benefiting from its strategic location near key gas infrastructure, including the Wallumbillia Gas Hub and multiple LNG export facilities.
Average Trading Volume: 3,588,935
Technical Sentiment Signal: Hold
Current Market Cap: A$107.2M
Learn more about EXR stock on TipRanks’ Stock Analysis page.