Proactiveinvestors United Kingdom Elixir Energy Ltd https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Elixir Energy Ltd RSS feed en Thu, 21 Nov 2019 14:12:48 +0000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) Elixir Energy raises $3.6 million in oversubscribed placement https://www.proactiveinvestors.co.uk/companies/news/220274/elixir-energy-raises-36-million-in-oversubscribed-placement-220274.html Wed, 15 May 2019 06:31:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/220274/elixir-energy-raises-36-million-in-oversubscribed-placement-220274.html Elixir Petroleum appoints Richard Cottee as chairman, begins development of Mongolian gas project https://www.proactiveinvestors.co.uk/companies/news/313185/elixir-petroleum-appoints-richard-cottee-as-chairman-begins-development-of-mongolian-gas-project-13185.html Thu, 02 May 2019 01:53:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/313185/elixir-petroleum-appoints-richard-cottee-as-chairman-begins-development-of-mongolian-gas-project-13185.html Elixir Petroleum to reveal raising, proposed transaction https://www.proactiveinvestors.co.uk/companies/news/185534/elixir-petroleum-to-reveal-raising-proposed-transaction-185534.html Thu, 12 Oct 2017 21:54:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/185534/elixir-petroleum-to-reveal-raising-proposed-transaction-185534.html Elixir Petroleum Ltd granted ASX trading halt https://www.proactiveinvestors.co.uk/companies/news/153783/elixir-petroleum-ltd-granted-asx-trading-halt-69692.html Fri, 08 Jul 2016 00:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153783/elixir-petroleum-ltd-granted-asx-trading-halt-69692.html Elixir Petroleum Ltd is ASX % Gainer intra-day https://www.proactiveinvestors.co.uk/companies/news/153782/elixir-petroleum-ltd-is-asx-gainer-intra-day-69106.html Wed, 08 Jun 2016 04:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153782/elixir-petroleum-ltd-is-asx-gainer-intra-day-69106.html Elixir Petroleum among ASX % Gainers intra-day https://www.proactiveinvestors.co.uk/companies/news/153781/elixir-petroleum-among-asx-gainers-intra-day-65321.html Wed, 28 Oct 2015 02:30:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153781/elixir-petroleum-among-asx-gainers-intra-day-65321.html Elixir Petroleum to boost cash balance https://www.proactiveinvestors.co.uk/companies/news/153780/elixir-petroleum-to-boost-cash-balance-65277.html Mon, 26 Oct 2015 03:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153780/elixir-petroleum-to-boost-cash-balance-65277.html These four companies are up 100% today https://www.proactiveinvestors.co.uk/companies/news/153779/these-four-companies-are-up-100-today-64821.html Tue, 29 Sep 2015 03:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153779/these-four-companies-are-up-100-today-64821.html Elixir Petroleum is up 100% today https://www.proactiveinvestors.co.uk/companies/news/153778/elixir-petroleum-is-up-100-today-64335.html Wed, 02 Sep 2015 04:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153778/elixir-petroleum-is-up-100-today-64335.html Elixir Petroleum, Nyota Minerals among the top ASX% Gainers at midday https://www.proactiveinvestors.co.uk/companies/news/153777/elixir-petroleum-nyota-minerals-among-the-top-asx-gainers-at-midday-63102.html Wed, 24 Jun 2015 03:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153777/elixir-petroleum-nyota-minerals-among-the-top-asx-gainers-at-midday-63102.html Elixir Petroleum, WildHorse Energy among ASX % Gainers at midday https://www.proactiveinvestors.co.uk/companies/news/153776/elixir-petroleum-wildhorse-energy-among-asx-gainers-at-midday-61669.html Thu, 09 Apr 2015 03:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153776/elixir-petroleum-wildhorse-energy-among-asx-gainers-at-midday-61669.html Elixir Petroleum completes 2D seismic over U.S. oil project https://www.proactiveinvestors.co.uk/companies/news/153775/elixir-petroleum-completes-2d-seismic-over-us-oil-project-60748.html Tue, 17 Feb 2015 07:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153775/elixir-petroleum-completes-2d-seismic-over-us-oil-project-60748.html Elixir Petroleum cuts costs to focus on exploring Colorado oil project https://www.proactiveinvestors.co.uk/companies/news/153774/elixir-petroleum-cuts-costs-to-focus-on-exploring-colorado-oil-project-59887.html Mon, 05 Jan 2015 02:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153774/elixir-petroleum-cuts-costs-to-focus-on-exploring-colorado-oil-project-59887.html Elixir Petroleum, White Cliff Minerals options amongst ASX % Gainers at midday https://www.proactiveinvestors.co.uk/companies/news/153773/elixir-petroleum-white-cliff-minerals-options-amongst-asx-gainers-at-midday-57131.html Mon, 25 Aug 2014 04:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153773/elixir-petroleum-white-cliff-minerals-options-amongst-asx-gainers-at-midday-57131.html Elixir Petroleum to reveal proposed transaction, capital raising https://www.proactiveinvestors.co.uk/companies/news/153772/elixir-petroleum-to-reveal-proposed-transaction-capital-raising-56439.html Wed, 23 Jul 2014 00:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153772/elixir-petroleum-to-reveal-proposed-transaction-capital-raising-56439.html Elixir Petroleum retains focus on French Moselle oil and gas project https://www.proactiveinvestors.co.uk/companies/news/153771/elixir-petroleum-retains-focus-on-french-moselle-oil-and-gas-project-53051.html Fri, 21 Feb 2014 04:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153771/elixir-petroleum-retains-focus-on-french-moselle-oil-and-gas-project-53051.html Elixir Petroleum completes farm-out of North Sea oil and gas permit to Adriatic Oil https://www.proactiveinvestors.co.uk/companies/news/153770/elixir-petroleum-completes-farm-out-of-north-sea-oil-and-gas-permit-to-adriatic-oil-49212.html Thu, 17 Oct 2013 06:40:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153770/elixir-petroleum-completes-farm-out-of-north-sea-oil-and-gas-permit-to-adriatic-oil-49212.html Elixir Petroleum raises $1.85M to advance French petroleum permit https://www.proactiveinvestors.co.uk/companies/news/153769/elixir-petroleum-raises-185m-to-advance-french-petroleum-permit-46706.html Wed, 14 Aug 2013 01:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153769/elixir-petroleum-raises-185m-to-advance-french-petroleum-permit-46706.html Elixir Petroleum to raise $1.85m in underwritten issue, to advance French permit https://www.proactiveinvestors.co.uk/companies/news/153768/elixir-petroleum-to-raise-185m-in-underwritten-issue-to-advance-french-permit-45231.html Thu, 04 Jul 2013 23:40:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153768/elixir-petroleum-to-raise-185m-in-underwritten-issue-to-advance-french-permit-45231.html Elixir Petroleum prepares to raise capital https://www.proactiveinvestors.co.uk/companies/news/153767/elixir-petroleum-prepares-to-raise-capital-45137.html Wed, 03 Jul 2013 00:40:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153767/elixir-petroleum-prepares-to-raise-capital-45137.html Elixir Petroleum encouraged by 861 billion cubic feet of gas resource potential for French permit https://www.proactiveinvestors.co.uk/companies/news/153766/elixir-petroleum-encouraged-by-861-billion-cubic-feet-of-gas-resource-potential-for-french-permit-44249.html Fri, 07 Jun 2013 00:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153766/elixir-petroleum-encouraged-by-861-billion-cubic-feet-of-gas-resource-potential-for-french-permit-44249.html Elixir Petroleum identifies new petroleum play type in France https://www.proactiveinvestors.co.uk/companies/news/153765/elixir-petroleum-identifies-new-petroleum-play-type-in-france-43684.html Fri, 24 May 2013 00:40:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153765/elixir-petroleum-identifies-new-petroleum-play-type-in-france-43684.html Elixir Petroleum farming out North Sea oil permit https://www.proactiveinvestors.co.uk/companies/news/153764/elixir-petroleum-farming-out-north-sea-oil-permit-37119.html Mon, 10 Dec 2012 08:11:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153764/elixir-petroleum-farming-out-north-sea-oil-permit-37119.html Elixir Petroleum seeks partner for French conventional oil and gas targets https://www.proactiveinvestors.co.uk/companies/news/153763/elixir-petroleum-seeks-partner-for-french-conventional-oil-and-gas-targets-31285.html Fri, 13 Jul 2012 00:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153763/elixir-petroleum-seeks-partner-for-french-conventional-oil-and-gas-targets-31285.html Elixir Petroleum raising A$2.2M to progress French play under alliance with New Standard Energy https://www.proactiveinvestors.co.uk/companies/news/153762/elixir-petroleum-raising-a22m-to-progress-french-play-under-alliance-with-new-standard-energy-25939.html Fri, 02 Mar 2012 01:40:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153762/elixir-petroleum-raising-a22m-to-progress-french-play-under-alliance-with-new-standard-energy-25939.html Elixir Petroleum in pre open pending capital raising details https://www.proactiveinvestors.co.uk/companies/news/153761/elixir-petroleum-in-pre-open-pending-capital-raising-details-25814.html Wed, 29 Feb 2012 00:20:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153761/elixir-petroleum-in-pre-open-pending-capital-raising-details-25814.html Elixir Petroleum expands portfolio of gas prospects in the North Sea https://www.proactiveinvestors.co.uk/companies/news/153760/elixir-petroleum-expands-portfolio-of-gas-prospects-in-the-north-sea--24037.html Wed, 11 Jan 2012 06:18:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153760/elixir-petroleum-expands-portfolio-of-gas-prospects-in-the-north-sea--24037.html Elixir Petroleum in pre-open pending capital raising announcement https://www.proactiveinvestors.co.uk/companies/news/153759/elixir-petroleum-in-pre-open-pending-capital-raising-announcement-20304.html Mon, 03 Oct 2011 01:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153759/elixir-petroleum-in-pre-open-pending-capital-raising-announcement-20304.html Elixir Petroleum reveals hydrocarbon potential at Moselle Permit in France https://www.proactiveinvestors.co.uk/companies/news/153758/elixir-petroleum-reveals-hydrocarbon-potential-at-moselle-permit-in-france-19729.html Fri, 16 Sep 2011 06:34:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153758/elixir-petroleum-reveals-hydrocarbon-potential-at-moselle-permit-in-france-19729.html Elixir Petroleum in pre-open pending resource estimate https://www.proactiveinvestors.co.uk/companies/news/153757/elixir-petroleum-in-pre-open-pending-resource-estimate-19615.html Wed, 14 Sep 2011 02:52:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153757/elixir-petroleum-in-pre-open-pending-resource-estimate-19615.html Elixir Petroleum appoints Michael Price as director https://www.proactiveinvestors.co.uk/companies/news/153756/elixir-petroleum-appoints-michael-price-as-director-13073.html Fri, 14 Jan 2011 00:07:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153756/elixir-petroleum-appoints-michael-price-as-director-13073.html Elixir Petroleum acquires significant exploration acreage in France https://www.proactiveinvestors.co.uk/companies/news/10489/elixir-petroleum-acquires-significant-exploration-acreage-in-france-13046.html Mon, 08 Feb 2010 07:24:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/10489/elixir-petroleum-acquires-significant-exploration-acreage-in-france-13046.html Elixir Petroleum says workover finished on Well #1, off Texas coast https://www.proactiveinvestors.co.uk/companies/news/6785/elixir-petroleum-says-workover-finished-on-well-1-off-texas-coast-8796.html Tue, 06 Oct 2009 02:33:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/6785/elixir-petroleum-says-workover-finished-on-well-1-off-texas-coast-8796.html Elixir Petroleum reports workover progressing on Pompano oil field https://www.proactiveinvestors.co.uk/companies/news/6596/elixir-petroleum-reports-workover-progressing-on-pompano-oil-field-8585.html Tue, 29 Sep 2009 08:41:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/6596/elixir-petroleum-reports-workover-progressing-on-pompano-oil-field-8585.html Elixir Petroleum reports workover on well off Texas Coast is underway https://www.proactiveinvestors.co.uk/companies/news/6522/elixir-petroleum-reports-workover-on-well-off-texas-coast-is-underway-8510.html Fri, 25 Sep 2009 07:42:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/6522/elixir-petroleum-reports-workover-on-well-off-texas-coast-is-underway-8510.html Elixir Petroleum reports workover on Pompano oil well #1, to commence in September https://www.proactiveinvestors.co.uk/companies/news/5780/elixir-petroleum-reports-workover-on-pompano-oil-well-1-to-commence-in-september--7690.html Tue, 01 Sep 2009 10:35:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5780/elixir-petroleum-reports-workover-on-pompano-oil-well-1-to-commence-in-september--7690.html Elixir Petroleum reports production has resumed at High Island field in offshore Gulf of Mexico https://www.proactiveinvestors.co.uk/companies/news/5553/elixir-petroleum-reports-production-has-resumed-at-high-island-field-in-offshore-gulf-of-mexico-7426.html Wed, 19 Aug 2009 08:22:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5553/elixir-petroleum-reports-production-has-resumed-at-high-island-field-in-offshore-gulf-of-mexico-7426.html Elixir Petroleum granted further delay in drilling Leopard prospect in North Sea https://www.proactiveinvestors.co.uk/companies/news/3797/elixir-petroleum-granted-further-delay-in-drilling-leopard-prospect-in-north-sea-5340.html Thu, 23 Apr 2009 13:46:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/3797/elixir-petroleum-granted-further-delay-in-drilling-leopard-prospect-in-north-sea-5340.html Elixir Petroleum granted further delay in drilling Leopard prospect in UK North Sea https://www.proactiveinvestors.co.uk/companies/news/153755/elixir-petroleum-granted-further-delay-in-drilling-leopard-prospect-in-uk-north-sea-1309.html Thu, 23 Apr 2009 11:23:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153755/elixir-petroleum-granted-further-delay-in-drilling-leopard-prospect-in-uk-north-sea-1309.html Elixir Petroleum says UK unit seeking legal advice in seismic payment dispute https://www.proactiveinvestors.co.uk/companies/news/3358/elixir-petroleum-says-uk-unit-seeking-legal-advice-in-seismic-payment-dispute-4770.html Fri, 13 Mar 2009 09:11:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/3358/elixir-petroleum-says-uk-unit-seeking-legal-advice-in-seismic-payment-dispute-4770.html Elixir gets note of arbitration in payment dispute over Sierra Leone seismic work https://www.proactiveinvestors.co.uk/companies/news/3259/elixir-gets-note-of-arbitration-in-payment-dispute-over-sierra-leone-seismic-work-4658.html Thu, 05 Mar 2009 10:17:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/3259/elixir-gets-note-of-arbitration-in-payment-dispute-over-sierra-leone-seismic-work-4658.html Elixir Petroleum to cancel secondary listing on AIM https://www.proactiveinvestors.co.uk/companies/news/3228/elixir-petroleum-to-cancel-secondary-listing-on-aim-4620.html Tue, 03 Mar 2009 07:58:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/3228/elixir-petroleum-to-cancel-secondary-listing-on-aim-4620.html Elixir Petroleum says debt-free and well-funded https://www.proactiveinvestors.co.uk/companies/news/2924/elixir-petroleum-says-debt-free-and-well-funded--4251.html Mon, 02 Feb 2009 11:17:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2924/elixir-petroleum-says-debt-free-and-well-funded--4251.html Elixir Petroleum says production resumes at Pompano well https://www.proactiveinvestors.co.uk/companies/news/2691/elixir-petroleum-says-production-resumes-at-pompano-well--3957.html Fri, 09 Jan 2009 08:41:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2691/elixir-petroleum-says-production-resumes-at-pompano-well--3957.html Elixir Petroleum receives four month extension on Leopard Prospect https://www.proactiveinvestors.co.uk/companies/news/2610/elixir-petroleum-receives-four-month-extension-on-leopard-prospect-3853.html Tue, 23 Dec 2008 07:34:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2610/elixir-petroleum-receives-four-month-extension-on-leopard-prospect-3853.html Elixir Petroleum takes control of Sierra Leone offshore block https://www.proactiveinvestors.co.uk/companies/news/2525/elixir-petroleum-takes-control-of-sierra-leone-offshore-block-3746.html Fri, 12 Dec 2008 08:09:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2525/elixir-petroleum-takes-control-of-sierra-leone-offshore-block-3746.html Elixir Petroleum hit by disappointing Pompano Project Update https://www.proactiveinvestors.co.uk/companies/news/2115/elixir-petroleum-hit-by-disappointing-pompano-project-update-3205.html Thu, 16 Oct 2008 09:11:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/2115/elixir-petroleum-hit-by-disappointing-pompano-project-update-3205.html Elixir Petroleum reports spudding of Well 3 at Pompano Project https://www.proactiveinvestors.co.uk/companies/news/2027/elixir-petroleum-reports-spudding-of-well-3-at-pompano-project-3087.html Wed, 01 Oct 2008 11:05:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/2027/elixir-petroleum-reports-spudding-of-well-3-at-pompano-project-3087.html Elixir Petroleum not adversely affected by hurricanes https://www.proactiveinvestors.co.uk/companies/news/1969/elixir-petroleum-not-adversely-affected-by-hurricanes-3014.html Mon, 22 Sep 2008 11:13:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1969/elixir-petroleum-not-adversely-affected-by-hurricanes-3014.html Elixir Petroleum opens Mulle Prospect to farm-in discussions https://www.proactiveinvestors.co.uk/companies/news/618/elixir-petroleum-opens-mulle-prospect-to-farm-in-discussions-2935.html Wed, 10 Sep 2008 10:35:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/618/elixir-petroleum-opens-mulle-prospect-to-farm-in-discussions-2935.html Elixir Petroleum – Cash flow and upside https://www.proactiveinvestors.co.uk/companies/news/1733/elixir-petroleum-cash-flow-and-upside-2932.html Wed, 10 Sep 2008 09:23:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1733/elixir-petroleum-cash-flow-and-upside-2932.html Elixir confirms third well at Pompano Project https://www.proactiveinvestors.co.uk/companies/news/1837/elixir-confirms-third-well-at-pompano-project--2667.html
The Pompano Project is located in shallow waters offshore Texas in the Gulf of Mexico and is currently producing approximately 15 MMscf of gas per day and 50 barrels of condensate from two development wells which are tied back to a production platform.


Elixir's Managing Director, Andrew Ross said:

"Based on our current production rates from our US operations, and recent gas prices in the US, we anticipate our net revenues for May and June will exceed US$2.75 million in total, setting a new record for Elixir. Continued high gas prices and growing production would see Elixir generate strong cashflow from the US over the next twelve months."]]>
Tue, 24 Jun 2008 07:20:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1837/elixir-confirms-third-well-at-pompano-project--2667.html
Elixir completes Block SL-4 seismic acquisition https://www.proactiveinvestors.co.uk/companies/news/1831/elixir-completes-block-sl-4-seismic-acquisition-2661.html
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.
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Mon, 23 Jun 2008 07:25:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1831/elixir-completes-block-sl-4-seismic-acquisition-2661.html
Elixir Petroleum to raise A$14.5 million https://www.proactiveinvestors.co.uk/companies/news/1741/elixir-petroleum-to-raise-a145-million--2545.html
The funds will be used to fund Elixir's 25% interest in the Pompano Gas Project in the Gulf of Mexico, where after several successful drill results this year, and accelerated drilling program is on the cards. Additionally, Elixir said it required additional funds to advance its 35% working interest in Block SL-4, offshore Sierra Leone and to provide "greater flexibility" in the company's desire to participate in the 25th Round North Sea block allocation. North Sea license applications require the submitting company to prove that it can fund work on a licence, hence the need for a robust balance sheet. Finally, the company also hinted that it was looking at other opportunities in the Gulf of Mexico, and would require funds for farm-ins.


Elixir's Chairman, Jon Stewart said:

"This financing will help the Company meet a number of strategic and operating objectives. It is management's intention to use Elixir's new balance sheet strength, together with its growing cashflow from production, to take advantage of existing opportunities within its portfolio and to aggressively pursue other new projects."



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Thu, 29 May 2008 06:49:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1741/elixir-petroleum-to-raise-a145-million--2545.html
Elixir jumps on reserves statement https://www.proactiveinvestors.co.uk/companies/news/1720/elixir-jumps-on-reserves-statement-2520.html
DNO released a contingent P50 recoverable resource estimate for the Mull Field of 17 million barrels of oil equivalent and a P10 estimate of 36 million barrels of oil equivalent. The estimate was based on additional 3D seismic data from the adjacent Causeway programme and a new petrophysical interpretation.

"We are delighted with the results of the further technical work undertaken by the 211/22b joint venture. The booking of contingent resources today for the Mulle oil accumulation by the operator is a significant first step in moving this discovery closer to commercialisation. The joint venture will now be examining appraisal and development scenarios for the accumulation, a process in which Elixir will be actively involved." Elixir's Managing Director, Andrew Ross said.

Elixir, DNO and Rocksource are now hoping to attract new farm-in partners into the block with the ambition of drilling in 2009.
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Thu, 22 May 2008 10:58:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1720/elixir-jumps-on-reserves-statement-2520.html
Elixir Petroleum jumps on reserves statement https://www.proactiveinvestors.co.uk/companies/news/153754/jumps-on-reserves-statement--0154.html Wed, 21 May 2008 14:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153754/jumps-on-reserves-statement--0154.html Elixir sees solid progress in Gulf of Mexico https://www.proactiveinvestors.co.uk/companies/news/1689/elixir-sees-solid-progress-in-gulf-of-mexico-2485.html
An independent reserve report on the Pompano Project, where Elixir has a 25% interest, subject to a 5.5% back in arrangement with the operator, attributed a 2P reserve of 17.1 billion cubic feet of gas and 50,000 barrels of condensate for Well 1 & 2. Elixir recently received its first sales proceeds from production at Pompano, where production is currently ahead of expectations at a combined rate of 16MMscf of gas per day and 60 barrels of condensate per day. Elixir's net production is around 2.9MMscf per day and 11 barrels of condensate per day.

Also in the Gulf of Mexico, a increased production from Well A-1 on the High Island Field is expected shortly, once the upper sliding sleeves are opened over the C Sand reservoir.

Elixir's bigger, more high risk projects in the North Sea and West Africa also bolstered shareholder sentiment. The Company confirmed that it would participate in the 25th UK licensing round this summer, and in Sierra Leone, 60% of a 3D seismic survey over Block SL-4 was now complete with the remainder on schedule to be finished by June.

"We are extremely pleased with the result of the reserves certification for the first two wells at Pompano, which was ahead of expectation and gives added confidence for future wells. We are looking forward to steadily increasing cash flow from our operations in the Gulf of Mexico through the second half of 2008 and to further activity across our entire portfolio of interests" Elixir's Managing Director, Andrew Ross said.


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Fri, 16 May 2008 08:14:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1689/elixir-sees-solid-progress-in-gulf-of-mexico-2485.html
Elixir Petroleum sees solid progress in Gulf of Mexico https://www.proactiveinvestors.co.uk/companies/news/153753/sees-solid-progress-in-gulf-of-mexico--0150.html Thu, 15 May 2008 14:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153753/sees-solid-progress-in-gulf-of-mexico--0150.html Elixir Petroleum confirms Well 2 now in production https://www.proactiveinvestors.co.uk/companies/news/1654/elixir-petroleum-confirms-well-2-now-in-production-2432.html
Elixir said that production rates had now stabilised over the past few days at 8 million standard cubic feet of gas per day (mmscfd) and 30 barrels of condensate per day (bcpd). Combined with production at Well 1, Elixir is now receiving 25% of the combined production of approximately 14.6 MMscf/d and 35 BCPD.

Elixir's Managing Director, Andrew Ross said:

'We are delighted with the production result that has been achieved from Well #2 at Pompano. The result is particularly pleasing given the historically high gas prices being realised for gas production at Pompano. We look forward to reporting on further planned activities at the Pompano Project in the near term.'



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Tue, 06 May 2008 09:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1654/elixir-petroleum-confirms-well-2-now-in-production-2432.html
Elixir Petroleum to produce more gas at Pompano https://www.proactiveinvestors.co.uk/companies/news/1611/elixir-petroleum-to-produce-more-gas-at-pompano-2372.html
Two zones at Well #2 produced gas at combined rate on test of 6.9 million cubic feet per day, and it is expected that the well will be on a production basis within ten days.]]>
Thu, 24 Apr 2008 05:10:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1611/elixir-petroleum-to-produce-more-gas-at-pompano-2372.html
Elixir and partners extend acreage at Pompano https://www.proactiveinvestors.co.uk/companies/news/1533/elixir-and-partners-extend-acreage-at-pompano-2271.html
AnaTexas added that it believes that the new acreage could hold extensions to the Pompano Gas Field and therefore acquired 3D seismic over the block which is currently being studied to identify drill ready targets.
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Fri, 04 Apr 2008 11:39:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1533/elixir-and-partners-extend-acreage-at-pompano-2271.html
Elixir says 3-D seismic acquisition starts https://www.proactiveinvestors.co.uk/companies/news/1516/elixir-says-3-d-seismic-acquisition-starts--2252.html
Elixir recently announced that it would earn into Block SL-4, its first investment in a block in Africa. The 3D program is expected to collect 1,222 square kilometres of data in an attempt to better define and mature leads on the block identified from a previous 2D seismic program. The survey is expected to take until June to complete.

Managing Director of Elixir Petroleum, Andrew Ross, said:

"We are delighted to have been able to commence in-field operations so soon after becoming operator of Block SL-4. We are confident that the 3D data set will lead to the generation of high quality, drill ready prospects which should be available for farm-out to drill in the first half of 2009. We look forward to making further releases regarding progress at Block SL-4 in the coming months."


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Tue, 01 Apr 2008 11:42:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1516/elixir-says-3-d-seismic-acquisition-starts--2252.html
Elixir Petroleum says 3D program starts in Sierra Leone https://www.proactiveinvestors.co.uk/companies/news/153752/elixir-says-3d-program-starts-in-sierra-leone-0124.html Mon, 31 Mar 2008 14:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/153752/elixir-says-3d-program-starts-in-sierra-leone-0124.html Elixir sees first production from Pompano Well 1 https://www.proactiveinvestors.co.uk/companies/news/1504/elixir-sees-first-production-from-pompano-well-1-2236.html
Elixir's Managing Director, Andrew Ross said:

"We are very pleased with the initial production performance from Well #1, which is in accordance with our pre-drill expectations. We look forward to being able to report in the coming weeks of further progress at Pompano with drilling activities on our second well nearing completion."]]>
Thu, 27 Mar 2008 08:18:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1504/elixir-sees-first-production-from-pompano-well-1-2236.html
Elixir Petroleum to operate offshore Sierra Leone https://www.proactiveinvestors.co.uk/companies/news/1478/elixir-petroleum-to-operate-offshore-sierra-leone-2206.html
Elixir’s interest will be for up to 35% - consisting of a 15% working interest in exchange for paying for 15% of the costs of a proposed 1,000 sq km 3D seismic programme, and an option with an option to acquire an additional 20% working interest on similar terms.

The 3D programme will carried out, and the data processed and interpreted before the end of this year - a previous exploration well drilled in Block SL-4 encountered hydrocarbons.

Elixir's Managing Director, Andrew Ross, said:

"Block SL-4 represents a relatively low-risk, low-cost entry for Elixir into what we hope will emerge as a new petroleum province. The acquisition of 3D seismic data is a key requirement in evaluating and refining drilling targets identified from the existing 2D seismic data set."]]>
Mon, 17 Mar 2008 00:09:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1478/elixir-petroleum-to-operate-offshore-sierra-leone-2206.html
Elixir Petroleum starts production starts at Pompano Gas Project https://www.proactiveinvestors.co.uk/companies/news/153751/production-starts-at-pompano-gas-project-0081.html Wed, 12 Mar 2008 14:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153751/production-starts-at-pompano-gas-project-0081.html Elixir says Pompano starts production https://www.proactiveinvestors.co.uk/companies/news/1467/elixir-says-pompano-starts-production--2190.html
Elixir's Managing Director, Andrew Ross said:

"We are delighted to have achieved first production and gas sales from the Pompano Project, a milestone which has been accomplished in less than 13 weeks from the commencement of in-field activities. We look forward to being able to report on further progress at Pompano in the coming weeks."

Elixir has a 25% working interest in Well-1, subject to a 5.5% back in arrangement with the operator.


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Wed, 12 Mar 2008 08:25:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1467/elixir-says-pompano-starts-production--2190.html
Elixir says Pompano production imminent https://www.proactiveinvestors.co.uk/companies/news/1443/elixir-says-pompano-production-imminent-2163.html
Elixir has a 25% working interest in the project, subject to a 5.5% claw back with the operator, AnaTexas Offshore.]]>
Thu, 06 Mar 2008 09:05:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1443/elixir-says-pompano-production-imminent-2163.html
Elixir Petroleum's Pompano Project one week away from production https://www.proactiveinvestors.co.uk/companies/news/153750/pompano-project-one-week-away-from-production-0074.html Wed, 05 Mar 2008 14:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153750/pompano-project-one-week-away-from-production-0074.html Elixir Petroleum completes string casing at Pompano https://www.proactiveinvestors.co.uk/companies/news/153749/completes-string-casing-at-pompano-0069.html Tue, 04 Mar 2008 14:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153749/completes-string-casing-at-pompano-0069.html Elixir Petroleum gas field refurbishment update https://www.proactiveinvestors.co.uk/companies/news/1434/elixir-petroleum-gas-field-refurbishment-update-2153.html
Elixir Petroleum has a 25.0% interest in Pompano Project, and the company’s 25% working interest in Well No 2 will be reduced to 20% once Elixir has recouped 120% of its investment in the well.

The Pompano gas field produced over 120 billion cubic feet of gas before being shut-in, and the project is essentially a re-development of the gas field using new well locations supported by new 3D seismic data.]]>
Tue, 04 Mar 2008 04:43:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1434/elixir-petroleum-gas-field-refurbishment-update-2153.html
Elixir spuds second well at Pompano https://www.proactiveinvestors.co.uk/companies/news/1398/elixir-spuds-second-well-at-pompano-2108.html
Elixir's MD, Andrew Ross, said:

"We are pleased with the progress being made at the Pompano project. The results achieved from Well #1 have been encouraging, with flow rates during the testing programme exceeding our expectations. We are looking forward to further success with the second well in the programme and to first gas at Pompano, which will add to the company's existing revenue stream from its High Island 268-A production."

Elixir has a 25% working interest subject to a 5.5% back-in arrangement with the operator, AnaTexas Offshore Inc.


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Tue, 26 Feb 2008 11:13:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1398/elixir-spuds-second-well-at-pompano-2108.html
Elixir announces positive gas flow rates https://www.proactiveinvestors.co.uk/companies/news/1366/elixir-announces-positive-gas-flow-rates-2064.html
Elixir said the well was completed with a dual completion string which would allow two sand intervals to produce simultaneously. The 6700A sand and the B sand are expected to produce at an cumulative rate of 6-7 million cubic feet of gas per day. Elixir has a 25% working interest in the well, subject to a 5% claw back clause.]]>
Mon, 18 Feb 2008 00:08:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1366/elixir-announces-positive-gas-flow-rates-2064.html
Elixir confident of drilling Leopard in Q3 https://www.proactiveinvestors.co.uk/companies/news/1299/elixir-confident-of-drilling-leopard-in-q3--1967.html
Meanwhile in the Gulf of Mexico, Elixir's 30% working interest (subject to a back-in of 5.4% after cost recovery) in the High Island field appeared to be operating more or less smoothly. Production from the A-1 and A-2 wells generated a cumulative total of around 1,569 MMscf of gas and 20,840 Bbls of condensate in the 14 weeks to 31 December 2007. The field was affected by a number of downtime days in October, but returned to normal by December. Sales proceeds for the month of September and October totalled US$1.03 million.

At the Pompano Project, also in the Gulf of Mexico, Elixir confirmed that completion activities on Well 1 were underway and should be finalised by the end of February. The partners had also agreed to move the Hercules drill rig on to drill Well 2 once the completion of Well 1 is done.

Back to the North Sea, and Elixir said technical work on the Jaguar drill results were now completed. The results suggest the potential for a oil entrapment up dip from the primary target, now named the "Mulle Prospect". Additional partners (Elixir 40% working interest) are now being sought to help fund an appraisal well. Elixir have also opened up their data room on the Bobcat Prospect (40% working interest, operator), and finalised the merger of Block 13/25 with Block 13/24d held by Petro-Canada. Elixir now holds a 12.5% working interest, while Petro-Canada is operator and owner of the block. Petro-Canada is processing 2D seismic over the block with interpretation expected back by the end of the first quarter.




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Fri, 01 Feb 2008 09:13:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1299/elixir-confident-of-drilling-leopard-in-q3--1967.html
Elixir Petroleum confident of drilling Leopard in Q3 https://www.proactiveinvestors.co.uk/companies/news/153748/confident-of-drilling-leopard-in-q3--0106.html Thu, 31 Jan 2008 14:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153748/confident-of-drilling-leopard-in-q3--0106.html Medusa's mine expansion on track https://www.proactiveinvestors.co.uk/companies/news/153747/mine-expansion-on-track--0109.html Wed, 30 Jan 2008 14:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153747/mine-expansion-on-track--0109.html Elixir gets good news from Pompano https://www.proactiveinvestors.co.uk/companies/news/1280/elixir-gets-good-news-from-pompano-1940.html
Well-1 was drilled into an existing satellite platform to a depth of approximately 7,800 feet and was designed to test several potentially gas bearing sands. Gas returns in the mud were encountered in the primary targets with several zones gas bearing. Subsequent testing has confirmed the commercial potential of the gas bearing zones, and the partners will now move to complete the well in the next 15 days and also carry out a refurbishment of the platform and flow line.

Elixir's Managing Director, Andres Ross, commented:

"We are very pleased with drilling results from our first well at the Pompano Project and are looking forward to starting completion activities."
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Tue, 29 Jan 2008 07:05:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1280/elixir-gets-good-news-from-pompano-1940.html
Elixir Petroleum gets good news from Pompano https://www.proactiveinvestors.co.uk/companies/news/153746/gets-good-news-from-pompano--0111.html Mon, 28 Jan 2008 14:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153746/gets-good-news-from-pompano--0111.html Elixir Petroleum: Steady post merger progress https://www.proactiveinvestors.co.uk/companies/news/153745/elixir-petroleum-steady-post-merger-progress-0051.html Tue, 15 Jan 2008 14:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153745/elixir-petroleum-steady-post-merger-progress-0051.html Elixir confirms drilling at Pompano https://www.proactiveinvestors.co.uk/companies/news/1221/elixir-confirms-drilling-at-pompano-1846.html Fri, 11 Jan 2008 09:05:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1221/elixir-confirms-drilling-at-pompano-1846.html Elixir Petroleum confirms drilling at Pompano https://www.proactiveinvestors.co.uk/companies/news/153744/confirms-drilling-at-pompano-0116.html Thu, 10 Jan 2008 14:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/153744/confirms-drilling-at-pompano-0116.html Elixir Petroleum makes Healthy post-merger progress https://www.proactiveinvestors.co.uk/companies/news/85/elixir-petroleum-makes-healthy-post-merger-progress-0374.html Wed, 09 Jan 2008 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/85/elixir-petroleum-makes-healthy-post-merger-progress-0374.html Elixir Petroleum - Pompano rig contracted https://www.proactiveinvestors.co.uk/companies/news/1200/elixir-petroleum-pompano-rig-contracted-1815.html
The Pompano Project is a re-development of the Pompano gas field with using new well locations identified using 3D seismic data. The project lies offshore in the Gulf of Mexico about 90 miles southwest of Houston. If successful, the Pompano Project will use existing production and pipeline facilities.

Well No 1 is expected to take 30 days to complete and the company’s 25% working interest will be reduced by 5.0% according to a 'back-in' arrangement with AnaTexas, after Elixir has recouped its total investment in the well, plus 20%.]]>
Thu, 03 Jan 2008 06:14:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1200/elixir-petroleum-pompano-rig-contracted-1815.html
Elixir Petroleum completes merger https://www.proactiveinvestors.co.uk/companies/news/1080/elixir-petroleum-completes-merger--1652.html
Elixir updated investors on developments at the High Island Field, offshore Texas. Elixir currently holds a 30% working interest where two production wells are now producing approximately 17.5MMcf of gas per day and 200 barrels of gas condensate per day. The average price realised for the production in September was US$6.18/mcf for gas produced and US$79.27 per barrel of condensate.

Elixir's other interest in offshore Texas is a 25% working interest in the Pompano gas project where a joint operating agreement has been executed and the partners are in the process of choosing a drill location and securing a rig.]]>
Thu, 22 Nov 2007 02:46:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1080/elixir-petroleum-completes-merger--1652.html
Court approves Elixir / Gawler merger https://www.proactiveinvestors.co.uk/companies/news/999/court-approves-elixir-gawler-merger-1541.html Resources (ASX: GRL).

The news was well received, pushing Elixir 2% higher to 14.25 pence.
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Thu, 25 Oct 2007 02:32:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/999/court-approves-elixir-gawler-merger-1541.html
Elixir Petroleum, Proactive Audio Interview https://www.proactiveinvestors.co.uk/companies/news/300313/elixir-petroleum-proactive-audio-interview-63.html Thu, 23 Aug 2007 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300313/elixir-petroleum-proactive-audio-interview-63.html Elixir Petroleum, Proactive Audio Interview https://www.proactiveinvestors.co.uk/companies/news/300022/elixir-petroleum-proactive-audio-interview-63.html Thu, 23 Aug 2007 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300022/elixir-petroleum-proactive-audio-interview-63.html Elixir says Gawler secures 25% working interest in Pompano Gas Field https://www.proactiveinvestors.co.uk/companies/news/726/elixir-says-gawler-secures-25-working-interest-in-pompano-gas-field-1167.html
Gawler has agreed terms to a 25% working interest in the Pompano gas
field development located in the Gulf of Mexico, operated by AnaTexas Offshore Incorporated. Elixir said that both it and Gawler were involved in the due diligence and Elixir is fully supportive.

The Pompano field ceased production in 1995 after producing some 120 billion cubic feet ('BCF') of gas from Miocene reservoirs. New 3D seismic in 2005 clarified located an undrained reservoir up-dip of producing wells and undrilled fault compartments. This lead to the definition of additional proved undeveloped proved reserves of 24bcf, probably reserves of 40bcf and exploration potential of 104bcf.

The Pompano field has existing infrastructure including a platform and two satellite caissons tied back to the platform, and pipeline access to gas markets. The first well is expected to be drilled before year end.


Elixir's Managing Director, Russell Langusch, commented: "This is excellent news and underlines the growing relationships that Gawler has rapidly established in the USA. The numerous lower risk development and appraisal opportunities in the Gulf, together with Elixir's high impact North Sea exploration activities represent the foundations for a balanced upstream oil and gas company as proposed by the merger of the two companies."
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Fri, 15 Jun 2007 09:12:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/726/elixir-says-gawler-secures-25-working-interest-in-pompano-gas-field-1167.html
Elixir Petroleum https://www.proactiveinvestors.co.uk/companies/news/300343/elixir-petroleum-99.html Mon, 11 Jun 2007 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300343/elixir-petroleum-99.html Elixir Petroleum https://www.proactiveinvestors.co.uk/companies/news/300052/elixir-petroleum-99.html Mon, 11 Jun 2007 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300052/elixir-petroleum-99.html Elixir finalises Leopard farmout with RWE. https://www.proactiveinvestors.co.uk/companies/news/709/elixir-finalises-leopard-farmout-with-rwe-1143.html
RWE will contribute to the cost of drilling the exploration well on the Leopard prospect to secure a 30% interest in Block 211/18b. Following RWE's farmin the interest holders in the licence will be: Elixir 56% RWE 30% Sosina 14%.

Elixir’s share price remained unchanged on the anticipated news.
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Fri, 01 Jun 2007 01:17:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/709/elixir-finalises-leopard-farmout-with-rwe-1143.html
Elixir Petroleum Finds a bride https://www.proactiveinvestors.co.uk/companies/news/221/elixir-petroleum-finds-a-bride-0196.html Sun, 01 Apr 2007 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/221/elixir-petroleum-finds-a-bride-0196.html Elixir Petroleum to merge with ASX listed Gawler Resources https://www.proactiveinvestors.co.uk/companies/news/594/elixir-petroleum-to-merge-with-asx-listed-gawler-resources-0972.html
Elixir is focused on high impact exploration in the North Sea, while Gawler is focused on building production in the Gulf of Mexico, including a 30% interest in the High Island A268 oil and gas development project. The combined entity will therefore have a mix of lower risk producing assets and high impact exploration.

Russell Langusch, Managing Director of Elixir, said: "This deal will give shareholders of both Elixir and Gawler immediate exposure to a more diversified portfolio of assets at varying stages of evaluation and development. Moreover, the combined group will have the balance sheet capacity necessary to pursue our expanded growth plans, facilitated later in the year by first production cash flow."

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Fri, 23 Mar 2007 08:08:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/594/elixir-petroleum-to-merge-with-asx-listed-gawler-resources-0972.html
Elixir Petroleum hit by dissapointing results from Guinea well in North Sea https://www.proactiveinvestors.co.uk/companies/news/557/elixir-petroleum-hit-by-dissapointing-results-from-guinea-well-in-north-sea-0923.html Central North Sea well 15/13b-8 located on the Guinea prospect. Nexen said that the well would be plugged and abandoned after no significant hydrocarbons were found.

Elixir has a 13.125% working interest in Block 15/13b.

Russell Langusch, MD of Elixir added, "Unfortunately dry holes are not unexpected in the exploration business. While we are disappointed that Guinea did not come up trumps, the remaining deeper prospectivity in Block 15/ 13b is unaffected. We shall be working hard to advance drilling activities on several of our other UKCS licences. Due to the conservative approach adopted to finance our North Sea exploration activities, we have sufficient cash reserves to cover existing work commitments and likely drilling programs. The high potential Leopard prospect is part-way farmed-out and marketing of the nearby Panther prospect is well underway. We are also aggressively pursuing other opportunities to add development/production to our asset portfolio".

Shares in Elixir were hit hard, falling 28% to 9.25p.]]>
Mon, 12 Mar 2007 08:06:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/557/elixir-petroleum-hit-by-dissapointing-results-from-guinea-well-in-north-sea-0923.html
Elixir Petroleum commences drilling on Guinea Prsopect, North Sea https://www.proactiveinvestors.co.uk/companies/news/514/elixir-petroleum-commences-drilling-on-guinea-prsopect-north-sea-0858.html
Drilling time is expected to be around twenty days assuming no hiccups. Elixir has a 13.125% interest in the well, and the costs of the well are being fully funded by Elixir's partners, Nexen and Gas Plus Italiana SpA.

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Mon, 26 Feb 2007 09:01:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/514/elixir-petroleum-commences-drilling-on-guinea-prsopect-north-sea-0858.html
Elixir Petroleum Farms out Leopard Prospect to RWE https://www.proactiveinvestors.co.uk/companies/news/503/elixir-petroleum-farms-out-leopard-prospect-to-rwe-0844.html
The offer is conditional on a formal farmin agreement by 30 April 2007 and the consent of the Secretary of State for Trade and Industry to the licence interest assignment.

The Leopard prospect is a large Upper Jurassic stratigraphic prospect which could contain prospective hydrocarbon resources up to several hundred million barrels of oil.

MD Russell Langusch, added: "We are delighted to be joined by a farmin partner of the calibre of RWE to drill such a high potential prospect as Leopard. We are confident of attracting another farminee to enable us to proceed with detailed planning of the exploration well."

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Tue, 20 Feb 2007 08:32:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/503/elixir-petroleum-farms-out-leopard-prospect-to-rwe-0844.html
Elixir Petroleum: Investors await Guinea Prospect https://www.proactiveinvestors.co.uk/companies/news/219/elixir-petroleum-investors-await-guinea-prospect-0197.html Thu, 09 Nov 2006 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/219/elixir-petroleum-investors-await-guinea-prospect-0197.html Elixir Petroleum is down but not out https://www.proactiveinvestors.co.uk/companies/news/217/elixir-petroleum-is-down-but-not-out-0198.html Sun, 19 Mar 2006 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/217/elixir-petroleum-is-down-but-not-out-0198.html