Elixir Energy partnered with a group of companies under Santos (ASX:STO) to share data related to their Grandis Gas Project in Queensland's Bowen Basin.

The agreement covers technical data exchange for planned wells in ATP 2044 (Elixir) and ATP 2056 (Santos) permits in the Taroom Trough.

It also establishes a platform for discussing deep Permian plays in the same area.

Elixir Managing Director Neil Young expects the collaboration to increase the chances of successfully tapping into the region's abundant gas resources.