Queensland Gas – Diona

OVERVIEW

ATP 2077″C” block has been added to our Queensland Gas Projects.

• Sub-block C – this area lies outside the Taroom Trough and is adjacent to existing gas infrastructure such as the currently largely dormant Silver Springs gas storage asset. Work undertaken by Elixir’s technical team to date has identified some possible shallow drilling targets in this Sub-block.

CONVENTIONAL WELL PLANNED MID 2025

• 4-way dip closure mapped and ready for drilling
• Prospect sits beneath Waggamba to Wallumbilla gas pipeline
• Advanced farmout negotiations underway
• Planned for drilling mid 2025 (subject to permitting and Govt approvals)