EXR 5.71% 16.5¢ elixir energy limited

Ann: Taroom Trough Coals Flowed for First Time, page-7

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  1. 261 Posts.
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    There she Blows me Hearty's
    Final flow rates in a few weeks.

    Elixir’s Managing Director, Mr Neil Young, said: “This is a fantastic outcome for Elixir and the overall
    Taroom Trough. It has long been recognized that the deep coals here contain many trillions of cubic
    feet of gas in place1 – and now we have demonstrated that some part of that can be flowed to surface.
    We consider this is just the start of an incredible journey of bringing on the very large new sources of
    gas that Australia vitally needs.”
    https://hotcopper.com.au/data/attachments/6402/6402637-073afe61cec93e15ade4ac7d220f37bd.jpg
    This is what we have been waiting for
    The Daydream-2 well has now flowed gas to surface from the upper most stimulated zone in the well
    – a package of coal seams between 3,786 metres and 3,678 metres deep. The flow was unassisted
    and through a full well-bore of water.

    Cheers to ALTH
 
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