EXR 8.70% 12.5¢ elixir energy limited

General chit chat thread., page-3426

  1. 737 Posts.
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    My email to Elixir:

    Hi Team.

    The recent flow test announcement advised a stuck tool post Lorelle stimulation. Can you confirm if this has been fully rectified, or is there still work to be done? Thank you.


    Response:

    Hi, I refer to your query below.The next stages of re-booting our stimulation program will include dealing with this issue. I’m currently in Brisbane and inter alia working with our technical team, InGuage, various sub-contractors, etc, etc. We aim to put out various announcements soon about timing, etc.These delays are annoying - but unfortunately all too commonplace in the high risk/high reward oil patch. In the long term, this sort of thing is irrelevant to value - as it is caused by operational matters, not geology or markets.

    Thanks for your support.

    Regards







    Last edited by jrslim: 07/05/24
 
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