Elixir Energy slightly ahead of schedule with Daydream-2 drilling

–News Direct–

Elixir Energy Ltd (ASX:EXR) MD Neil Young tells Proactive strong progress is being made in drilling the Daydream-2 appraisal well at the 100%-owned Grandis Gas Project in the Taroom Trough of Queenslands Bowen Basin. EXR has also recently executed a Cultural Heritage and Management Agreement (CHMA) with representatives of the Mandandanji people. The agreement provides a long-term framework for managing cultural heritage matters across virtually all of ATP 2044 (the Grandis Gas Project), including as and when the project moves to a development phase.

The board of Elixir was very pleased to meet with representatives of the Mandandanji people on country and execute a long-term CHMA, Young said. We believe this will provide a strong foundation for an ongoing relationship with the traditional owners, to our mutual benefit."

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/elixir-energy-slightly-ahead-of-schedule-with-daydream-2-drilling-838709282

Elixir Energy Ltd

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