Elixir Energy Completes Seismic Survey; Shares Reach Over One-Year High

MT Newswires Live

03/30

Elixir Energy (ASX:EXR) completed the Teelba 2D seismic acquisition in ATP2057 in Queensland, according to a Monday filing with the Australian bourse.

Roughly 205 kilometers of new data were acquired within the permit, with a further 19 kilometers acquired outside the block, the filing said.

Seismic data will be used to support a potential new best estimate contingent gas-condensate resource, per the filing.

Shares rose 15% in midday trade on Monday and earlier reached their highest since September 2024.

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