HIGHLIGHTS
- Data Sharing Agreement entered into with Santos
- Agreement covers planned wells in neighbouring permits in the Taroom Trough
- Forum for potential technical cooperation established
Elixir Energy Limited (“Elixir”) is pleased to advise that it has entered into a Data
Sharing Agreement with a Santos group company in connection with its 100% owned Grandis Gas
Project (ATP 2044) located in the Bowen Basin, Queensland.
The Agreement provides for Elixir and Santos to exchange technical data on planned wells in the
neighbouring ATP 2044 (Elixir) and ATP 2056 (Santos) exploration permits located in the Taroom
Trough.
The Agreement also provides a mechanism to establish a forum for technical discussions about the
deep Permian plays in the Taroom Trough.
Elixir’s Managing Director, Mr Neil Young, said: “We are naturally very pleased to enter into this
Agreement with a company of the size and quality of Santos, who is a neighbour on multiple sides of
our Grandis Project. The enormous potential of the known and extensive gas resources in the Taroom
Trough will have a greater chance of being realized through such cooperative efforts. We look forward
to working with Santos in the years ahead to develop this play
