Financial News

Elixir Energy kicks off low-cost 2023 drilling program

Elixir Energy Ltd (ASX:EXR) MD Neil Young tells Proactive the company has spudded the Bluebill-1S exploration well at its 100%-owned Nomgon IX Coal Bed Methane (CBM) Production Sharing Contract (PSC) in the South Gobi Basin, Mongolia. The well is just 18 kilometres east of the Nomgon Pilot Production Plant and is the first well to be drilled in the company’s 2023 low-cost exploration drilling campaign.

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