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Elixir Energy Expands Taroom Gas Resources with Santos Joint Ventures
8:55am on Monday 2nd of June, 2025 AEST
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Energy
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Elixir Energy Expands Taroom Gas Resources with Santos Joint Ventures
8:55am on Monday 2nd of June, 2025 AEST
Key Points
Farmin deal with Santos establishes two 50/50 joint ventures
Contingent gas resources increase by 46% to over 8.9 trillion cubic feet equivalent
Lorelle-3 appraisal well planned to unlock shallower, higher-value gas plays
Eastern Australia gas prices remain elevated above A$14/GJ amid supply shortages
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