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Elixir Energy Expands Taroom Gas Resources with Santos Joint Ventures

11:34am on Tuesday 11th of February, 2025 AEDT Energy
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Elixir Energy Expands Taroom Gas Resources with Santos Joint Ventures

11:34am on Tuesday 11th of February, 2025 AEDT
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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