Building on
Mongolia’s first gas discovery
OVERVIEW
About Elixir and it’s strategy
ANNOUNCEMENTS
View all investor announcements
OPERATIONS
Elixir Energy’s Nomgon project
REPORTS
Financial reports & presentations
OVERVIEW
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.
EXPERTISE
Low cost, safe and experienced Operator – with deep CSG expertise from Australia being transmitted to our increasingly experienced team in Mongolia.
DISCOVERY
Elixir made Mongolia’s first gas discovery in 2020, booked the first contingent resources in 2021 and has signed a MOU with the Government of Mongolia to seek to commercialise this through the country’s first gas fired electricity generator.
MARKETS
In addition to an initial (expandable) generation project, Mongolia has multiple market channels for gas, both local and export. The locational advantages are reinforced by geo-politics.
PROGRAMS
The Company’s current 2021 exploration and appraisal program now includes around 20 wells, 500 kilometers of 2D seismic and a first stage production test.
NOMGON PROJECT
Read more about Elixir Energy’s Nomgon Project in Mongolia.
Project Location
Australian Office
Unit 3B, Level 3
60 Hindmarsh Square
Adelaide, SA 5000
+61 08 7079 5610
Mongolian Office
Express Tower #501, Khoroo 1
Chingeltei District
Ulaanbaatar, Mongolia
+976 7755 2011
