EXR 4.44% 9.4¢ elixir energy limited

Ann: Good Oil Conference presentation, page-71

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    10 years ago it wasn’t commercially viable to extract the gas in this area, considering the gas prices at the time and the techniques used to flow gas to surface.

    Now, with ever increasing gas prices and a more efficient way to produce gas from these areas, this has become commercially viable.

    we got in at the right time and could move quicker than the bigger companies to acquire this lot.
 
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