EXR 10.0% 16.5¢ elixir energy limited

EXR Trading 2022, page-12

  1. 4,204 Posts.
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    Cracker intersected Triassic sediments - dud hole.
    Manlai - rig broke down
    Bag - rig hit total depth without coal discoveries.

    You're right, the upper east and west areas may be fruitless pursuing, I wonder how the current drilling at Bag is going, we're still to get an update. The previous bag hole the rig TD, perhaps bigger rigs are required with more depth potential. Our competitor found coal around 900m from memory.

    It will be interesting to see if Bag is another useful sub basin, and if there's anything west/southwest of Yangir. Do we have results for Temee? I can't remember seeing them.
    Last edited by 2020Mustang: 03/01/22
 
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