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Elixir Energy Books 245 BCF Maiden Deep Coal Gas Resource, Boosting Grandis Project
8:32am on Wednesday 15th of January, 2025 AEDT
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Energy
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Elixir Energy Books 245 BCF Maiden Deep Coal Gas Resource, Boosting Grandis Project
8:32am on Wednesday 15th of January, 2025 AEDT
Key Points
Maiden contingent resource of 245 BCF in deep dry coals certified by ERCE
Total 2C recoverable gas resources for Grandis Project increased by 17% to 1,715 BCF
Gas in place in deep coals surged 120% to 58,137 BCF
Resource classified as 'development unclarified' with <1% recovery factor applied
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