Elixir Energy mobilises for 200km Teelba seismic campaign in Taroom Trough

Core Viewpoint - Elixir Energy Ltd has initiated a seismic program in Queensland's Taroom Trough to enhance its gas portfolio, focusing on acquiring new data to support future resource certification and development planning [1][6]. Seismic Campaign Details - The Teelba 2D Seismic Campaign has commenced with the mobilization of equipment and personnel, in partnership with Terrex Seismic, expected to last approximately three weeks and cover around 200 kilometers of new seismic data [2][5]. - The survey targets highly prospective acreage on the western flank of the Taroom Trough, aligning with significant wells drilled by major industry players and recent positive results from Elixir's Lorelle-3 pilot well [3][4]. Resource Potential and Certification - Although ATP2057 does not currently have a formally certified contingent resource, the acquisition of higher-resolution seismic data is anticipated to support future independent certification of gas and condensate resources in the permit area [5]. - The seismic program is part of a broader strategy to advance appraisal and development planning across Elixir's extensive acreage in the Taroom Trough, which is gaining attention due to its geological similarities to the Montney Formation in Canada [6][7]. Operational Progress - Elixir has confirmed the engagement of contractors for stimulation and flow testing at the Diona-1 well, and progress at the Lorelle-3 pilot well includes the successful installation of heel casing for a planned horizontal drilling section of approximately 1,000 meters [8].