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Elixir Energy (ASX: EXR) — Company Overview, News & Financial Data

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Company profile

Elixir Energy

Elixir Energy is a gas exploration and development company focused on natural gas and clean energy projects. Its primary assets are situated in the Taroom Trough within Queensland's Bowen Basin in Australia, where it holds exploration permits targeting tight gas and coal seam gas resources. The company conducts appraisal drilling, resource estimation, and gas flow testing across its prospective permit areas near key pipeline infrastructure and the Wallumbilla gas hub. Additionally, the company has engaged in coal-bed methane exploration and renewable hydrogen initiatives in Mongolia.

Snapshot

Public AUOwnership
2004Year founded
11–50Employees
Adelaide, AustraliaHead office
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Global footprint

Operations

Products and/or services of Elixir Energy

  • Tight Gas Exploration: Evaluation and appraisal of wholly owned petroleum exploration permits ATP 2044 and ATP 2077 in the Taroom Trough within Queensland's Bowen Basin, containing certified 2C contingent gas resources exceeding 1.7 trillion cubic feet equivalent.
  • Deep Appraisal Drilling: Execution of deep appraisal drilling programs, including the Daydream-2 well reaching over 4,200 metres depth, to test gas flow rates from permeable sandstone formations and coal seams located near existing regional pipeline infrastructure.
  • Farmout Joint Ventures: Management of fifty percent working interests in Queensland exploration permits ATP 2056 and ATP 2057 under farmout agreements with a major national energy producer to explore deep basin gas potential with 1.2 TCFE contingent resources.
  • Coal Seam Gas Assessment: Exploration targeting coal-bed methane plays across regional permit blocks such as ATP 2077C in Queensland, assessing gas-in-place volumes, permeability, and potential integration into domestic east coast gas transportation networks.
  • International CBM Prospecting: Prospecting for unconventional coal-bed methane resources under production sharing contracts in the South Gobi region, conducting exploratory core drilling and pilot production testing to evaluate commercial viability for nearby industrial markets.
  • Renewable Hydrogen Development: Development of renewable hydrogen concepts utilizing regional solar and wind potential in East Asia, conducting pre-feasibility studies and environmental monitoring to examine potential bulk export and localized clean energy supply applications.

Elixir Energy executive team

  • Mr. Neil Alexander Inglis YoungCEO, MD & Executive Director
  • Ms. Victoria Marie Allinson AGIA, FCCACFO & Company Secretary
  • Mr. Gregory John ChannonChief Geologist