Elixir Energy Ltd
ASX:EXR
Elixir Energy Ltd
Elixir Energy Ltd. engages in the exploration of oil and gas. The company is headquartered in Adelaide, South Australia. The company went IPO on 2004-07-19. The firm is focused on exploring in Mongolia for natural gas in the form of coal-bed methane (CBM). The company operates through three segments: oil and gas exploration in Mongolia and United States of America, and clean energy in Mongolia. The firm is focused on its 100% owned Nomgon IX CBM Production Sharing Contract (PSC) project in the South Gobi region of Mongolia. The Nomgon Project license area covers 30,000 square kilometers. The CBM wells drilling was a combination of strat-holes and core-holes. The core-holes deliver core samples at the surface and are analyzed for gas desorption and can be Injectivity Fall-Off Testing (IFOT) tested to determine gas content and permeability.
Elixir Energy Ltd. engages in the exploration of oil and gas. The company is headquartered in Adelaide, South Australia. The company went IPO on 2004-07-19. The firm is focused on exploring in Mongolia for natural gas in the form of coal-bed methane (CBM). The company operates through three segments: oil and gas exploration in Mongolia and United States of America, and clean energy in Mongolia. The firm is focused on its 100% owned Nomgon IX CBM Production Sharing Contract (PSC) project in the South Gobi region of Mongolia. The Nomgon Project license area covers 30,000 square kilometers. The CBM wells drilling was a combination of strat-holes and core-holes. The core-holes deliver core samples at the surface and are analyzed for gas desorption and can be Injectivity Fall-Off Testing (IFOT) tested to determine gas content and permeability.
