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Overview

OVERVIEW

About Elixir Energy and it's strategy

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OPERATIONS

Elixir Energy's projects

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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

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