Elixir Energy Ltd (ASX:EXR) managing director Neil Young sits down with Proactive’s Elisha Newell as the company prepares to spud the Daydream-2 appraisal well at Queensland’s Grandis Gas Project. The company hopes to drill the well in late October, bringing it one step closer to leveraging Grandis’ 395-billion-cubic-feet 2C contingent gas resource. Young says work at Daydream-2 is poised to materially increase the contingent resource, with plans to drill the well to around 4,200 metres deep.
Elixir Energy readies to drill Daydream-2 well at Grandis