Elixir Energy Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Stuart Nicholls
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 60 Hindmarsh Square Adelaide SA Australia 5000
- IPO Date
- Oct 23, 2009
- Website
- elixirenergy.com.au
- Similar Companies
- Business
- Elixir Energy Limited (ASX:EXR; OTC:ELXPF) is an Australian-based exploration company focused on natural gas resources; it primarily engages in the identification, appraisal, and development of conventional and unconventional gas assets in Australia. The company holds interests in the Grandis Gas Field in the Gippsland Basin, Victoria, where it pursues gas exploration and appraisal drilling; its Lake Eyre Project in South Australia's Cooper Basin targets helium and conventional gas through innovative stimulation techniques like Grandis Gas Field Injection Stimulation (GFIS); and it explores other gas prospects emphasizing low-cost, repeatable development models. Elixir Energy offers geological modeling, seismic interpretation, drilling services, and gas commercialization strategies to advance its portfolio of gas discoveries. Founded in 2021 and headquartered in Perth, Australia, the company operates principally in Australia, targeting energy markets with a focus on domestic gas supply and emerging helium demand. In recent developments, Elixir Energy announced promising test results from its GFIS-2 stimulation well at the Grandis Gas Field in April 2025, confirming commercial flow rates exceeding 1 MMscf/d with helium concentrations up to 0.8%; the company secured a strategic partnership with Vintage Energy Ltd for joint operations in the Cooper Basin in late 2024. It completed a A$10 million capital raising in November 2024 to fund drilling campaigns; launched the Lake Eyre helium exploration program with initial drilling permits approved in early 2025; and expanded its resource base through 3D seismic acquisition over key prospects in the Gippsland Basin. These initiatives reflect Elixir Energy's shift toward accelerated appraisal and commercialization phases, with no major acquisitions or reorganizations reported in the past two years.
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