Elixir Energy Drills, Cases Heel of Queensland Appraisal Well
MT Newswires Live
Mar 02
Elixir Energy (ASX:EXR) drilled and cased the heel of the Lorelle-3H appraisal well in ATP2056 within Queensland's Taroom Trough through the overlying coal and into the primary target, the Tinowon "Dunk" Sandstone, according to a Monday Australian bourse filing.
The company reached the primary target on the planned angles and azimuths in the reservoir at 3,319 meters of measured depth below rotary table after passing through the overlying Wallabella coal, the filing said. Elixir ran a 7-inch liner and cemented it in place, securing the heel of the well.
Elixir Energy's shares fell past 2% in recent trading on Monday.
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