EXR 4.44% 9.4¢ elixir energy limited

Ann: Good Oil Conference presentation, page-77

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    It should be completed within a months time and then I expect a couple weeks steady dewatering and verifying it has continuity to the surrounding immediate monitoring well and pilot wells. I think they will be able to establish that fairly quickly, especially from the monitoring well downhole.

    Once its established there is communication, that new N10 well will be dewatering the same vicinity of coalbed and the water drawdown will be united. It wont be long before gas desorbs properly again and steady flow rates are established. It had early breakthroughs before, they have proven they have fully saturated coals, and have hit 200k flows with mostly one well dewatering and flowing. With prior dewatering and then two wells, we will have some good results by years end. Im positive on that.
    Last edited by piwi33: 06/09/23
 
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