EXR elixir energy limited

Ann: Elixir Strategic Plan, page-52

  1. 505 Posts.
    lightbulb Created with Sketch. 40
    I get why EXR is planning to drill DD3 in Block A, as shown below. But why drill in the extreme north-west corner of the block? It's like they are conceding that Shell has the best ground. I wonder if they are doing this with some tacit understanding with Shell, or it's closer to piping infrastructure etc. I'm not an O&G expert, but I thought something more central to Block A, that is still covered by Shell's 3D seismic, would give a better understanding of the potential of the block.

    https://hotcopper.com.au/data/attachments/6999/6999041-83519b47f72f3ed1dd91b0c397c86221.jpghttps://hotcopper.com.au/data/attachments/6999/6999047-16f1a1e5ef47d1754dbe0b118962bd70.jpg


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $37.78M
Open High Low Value Volume
2.7¢ 2.7¢ 2.7¢ $16.79K 622.0K

Buyers (Bids)

No. Vol. Price($)
2 72191 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 948111 4
View Market Depth
Last trade - 14.37pm 17/06/2025 (20 minute delay) ?
EXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.