www.elixirpetroleum.com
Elixir Petroleum is an international exploration and production company listed on the Australian Stock Exchange (ASX:EXR). Elixir holds interests in producing gas and condensate fields located in the Gulf of Mexico and has extensive interests in exploration and appraisal licences in the UK North Sea. Elixir has recently acquired interests in two producing fields in the Gulf of Mexico which provide the group with cashflow from sales of gas and condensate. The company is focused on increasing its presence on the shallow water shelf of the Gulf of Mexico and continues to examine new projects in which to participate. Such projects typically display discovered reserves, nearby infrastructure and short cycle times to first production and cashflow.
Elixir completes Block SL-4 seismic acquisition
Processing of the 3D data set is now underway, and it is expected that the final processed data set will be available before the end of 2008, the company said. Elixir will then interpret the date during the first quarter of 2009.
“As recently appointed operator of Block SL-4, we are delighted that the first in-field activities have been successfully completed on time and on budget. The newly acquired 3D data will allow us to better refine the play types and very large targets previously identified from the existing high quality 2D seismic data set” said Elixir's Managing Director, Andrew Ross.
