My email to Elixir:Hi Team.The recent flow test announcement...

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