EXR elixir energy limited

Ann: Presentation Expanding in the Taroom Trough, page-47

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    My more balanced view of what really is happening is they have nobody interested in the current wells at daydream or its tenements, so this has been put on the back burner if ever revisited again. So this is probably the best they can come up with for the time being and if they do find they need to drill expensive horizontals to flow test (contigent of course on the initial exploration well results not being dusters) then they'll at least have another party stump up half the flow test costs and horizontal well costs at that stage.
 
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