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The Markets
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by Proactive
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Elixir Energy flags R&D funding for Daydream-2

Elixir Energy flags R&D funding for Daydream-2

Elixir Energy Ltd (ASX:EXR) managing director Neil Young walks Proactive’s Elisha Newell through the latest update on the Daydream-2 appraisal well, part of Elixir’s wholly-owned Grandis Gas Project in Queensland. Advanced findings from Canberra indicate the government could front almost half of the well’s funding under an R&D incentive, demonstrating the critical nature of emerging east coast gas projects. Young also provides an update on the industry-leading APPEA conference, where Elixir presented a technical paper earlier this week.

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