middle.news
Elixir Energy Launches High-Stakes Lorelle-3 Drilling in Queensland
8:34am on Tuesday 27th of January, 2026 AEDT
•
Energy
Read Story
Elixir Energy Launches High-Stakes Lorelle-3 Drilling in Queensland
8:34am on Tuesday 27th of January, 2026 AEDT
Key Points
Lorelle-3 appraisal well drilling underway using Helmerich & Payne FlexRig 3
Two-phase drilling targeting Permian sandstone formations including the Dunk member
Planned multi-stage fracture stimulation and production testing before June 2026
Eligible for up to 48.5% federal tax incentive refund on well costs
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Elixir Energy (ASX:EXR)
OPEN ARTICLE