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Elixir Energy Uncovers 23m Net Gas Pay at Diona-1, Eyes Rapid Production

9:19am on Tuesday 14th of October, 2025 AEDT Energy
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Elixir Energy Uncovers 23m Net Gas Pay at Diona-1, Eyes Rapid Production

9:19am on Tuesday 14th of October, 2025 AEDT
Key Points
  • 23 meters of net gas pay identified in three Permian formations
  • Average porosity of 10% across Bandanna, Black Alley, Tinowon, and Wallabella formations
  • Flow testing planned to confirm additional pay and production viability
  • Proximity to Waggamba pipeline offers rapid market access
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