EXR 4.55% 11.5¢ elixir energy limited

Hi Pizzaboy01, If we can get the gas to the surface and flow it...

  1. tui
    6,074 Posts.
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    Hi Pizzaboy01,
    If we can get the gas to the surface and flow it in proven commercial quantities then we have a HUGE saleable project.
    EXR are nearly at that stage with a vertical well at Grandis...... and I am pretty sure it will be well backed up by OMA in the near future with a horizontal well..And heavens knows how much Shell will prove up after their $150 million program.

    We are dealing with what is called a SUPER BASIN , close to Low Cost infra-structure and High priced local and export demand.

    Early results look very promising.
    Best,
    tui
 
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