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Elixir Energy Launches Diona-1 Drilling in Queensland’s Surat-Bowen Basin

8:36am on Monday 29th of September, 2025 AEST Energy
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Elixir Energy Launches Diona-1 Drilling in Queensland’s Surat-Bowen Basin

8:36am on Monday 29th of September, 2025 AEST
Key Points
  • Diona-1 well drilling underway, currently casing and cementing at 549m depth
  • Drilling fully funded by partner Xstate Resources under prior agreement
  • Well targets three proven hydrocarbon reservoirs with potential rapid market access
  • Supports Elixir’s strategic goal to secure long-term retention of Taroom Trough sub blocks
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