Elixir Energy Ltd (ASX:EXR)'s Neil Young updates Proactive on activity at the company's wholly-owned Nomgon IX coal bed methane (CBM) Production Sharing Contract in Mongolia. The energy stock recently finished drilling the Bulag-Suuj-1S exploration well and is now spudding the Venetian-1S exploration well as part of an exploration and appraisal program. Moving ahead, the company’s extended pilot production program is advancing in parallel to exploration and appraisal drilling. Young says as Elixir moves into the middle of the Mongolia summer, the company's operations efforts are moving into top gear.
Elixir Energy advances exploration and appraisal program in Mongolia
