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 primarily 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). More recently, Elixir has been developing the Gobi H2 green hydrogen project in Mongolia.
Elixir holds 100% of a CBM production sharing contract (PSC), located just to the North of the Mongolian/Chinese border, which is called the Nomgon.
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 hydrogen derived from renewables (green hydrogen).
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, has signed a MOU with the Government of Mongolia to seek to commercialise this through the country’s first gas fired electricity generator and in 2022 will undertake an extended pilot production test with a view to proving commerciality.
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 CBM 2022 exploration and appraisal program now includes around 20 wells, 330 kilometres of 2D seismic and an extended stage production test. The Gobi H2 project is being progressed on multiple fronts: measuring renewable resources, exploring for water sources, working with Government and other stakeholders, et cetera.
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
GOH LLC, 13th Floor, Central Park Tower, Genden Street, Chinggis Avenue, Sukhbaatar District, Ulaanbaatar, Mongolia
+976 7755 2011
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