Company
Overview
OVERVIEW
About Elixir Energy and it's strategy
ANNOUNCEMENTS
View all investor announcements
OPERATIONS
Elixir Energy's projects
REPORTS
Company Reports
OVERVIEW
Elixir Energy Limited (ASX: EXR) is an ASX listed gas exploration and development company. It is currently focused on three main projects:
Mongolian Gas – Elixir Energy’s most mature current asset is its 100% owned Nomgon IX Coal Bed Methane (CBM*) Production Sharing Contract (PSC) project in the South Gobi region of Mongolia.
Mongolian Hydrogen and Green Energy – Elixir Energy has established a new wholly owned subsidiary, GOH Clean Energy LLC in February 2021 to pursue renewable energy ventures, being hydrogen and solar.
Queensland Gas – In August 2022, Elixir Energy acquired a 100% interest in petroleum exploration permit ATP 2044 in Queensland, via the acquisition of special purpose vehicle EnergyCapture Pty Ltd (now named the Grandis gas Project).
HIGHLIGHTS
Mongolian gas – Elixir Energy commenced an extended pilot program in late 2022 in its 100% owned Nomgon IX Coal Bed Methane (CBM) Production Sharing Contract (PSC) in the South Gobi Basin, Mongolia. This is the first such test carried out in the country.
- Mongolian Hydrogen and Green Energy – in early 2023, Elixir Energy announced that it and SB Energy had signed a term sheet to further progress this green hydrogen venture.
- Queensland Gas – in late November 2022 the Grandis Gas Project booked an initial contingent resource (2C) of 365 billion standard cubic feet of gas. Grandis Gas Project Daydream-2 Well to spud in October 2023, 43.5% of the total cost will be paid for through the Federal Government’s R&D Tax Incentive mechanism.
CAPITAL STRUCTURE
at 31 December 2022
No of Shares
912M
Performance Shares & Options
35M
Market Capitalisation
$137M
Cash
$14M
Enterprise Value
$123M
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
Follow Elixir on YouTube
Follow Elixir on YouTube