EXR 9.09% 12.0¢ elixir energy limited

"100%-owned Grandis Project in Queensland’s Taroom Trough""flow...

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    "100%-owned Grandis Project in Queensland’s Taroom Trough"

    "flow test of the Lorelle Sandstone post stimulation has completed"

    "on-site operations have now moved to the stimulation of the 5 upper zones"

    "Lorelle Sandstone was flow tested from 4,200 meters to 4,217 metres directly through the 4 1/2” casing without a completion"

    "well flowed gas at a maximum rate of 3.5 million standard cubic feet per day"

    "stabilized rates were observed between 2.1 and 2.5 million standard cubic feet per day"

    "stimulation fluid in the wellbore was accumulating, suppressing the stabilized rate"

    "running a completion string in the hole would significantly improve production to a stable rate of 3.0 million standard cubic feet per day"

    "plan is to plug, perforate and stimulate 5 stages consecutively"

    "upon completion of this, in around 1 week’s time, commence further flow testing"

    https://oilman.beehiiv.com/p/oilman-jims-letter-august-18-2024

    Worth reading
 
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