EXR 4.55% 11.5¢ elixir energy limited

Trading Week, page-1060

  1. 2,098 Posts.
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    Well their plan is to do pilot wells to test extraction techniques for the gas and structures.

    I think once they can establish some pilot wells and produce a consistant and sustained flow, they can validate their chosen engineering and extraction techniques and look at Reserves.

    They are going to be doing production pilot wells nextyear in this Nomgon Sub Basin. That's what I'm waiting for because that's going to be the spark to light the fuse so to speak.
 
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