Mongolia’s first gas discovery
Elixir Energy Limited (ASX: EXR) is an ASX listed gas exploration and development company. It is currently solely focused on an exploration and appraisal program in Mongolia targeting natural gas in the form of coal-bed methane (CBM – known as coal seam gas -CSG -in Australia).
EXR holds 100% of a CBM production sharing contract (PSC), located just to the North of the Mongolian/Chinese border.
The Nomgon Project licence area covers ~30,000 km2 (~7 million acres).
The Company’s strong foundation of multiple level Government and other energy stakeholder relationships is now being used as a platform to grow cleaner energy options involving renewables.