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How Will Elixir’s $16.6M Raise and Lorelle-3 Drilling Reshape Taroom’s Gas Future?

8:24am on Thursday 29th of January, 2026 AEDT Energy
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How Will Elixir’s $16.6M Raise and Lorelle-3 Drilling Reshape Taroom’s Gas Future?

8:24am on Thursday 29th of January, 2026 AEDT
Key Points
  • Omega Oil and Gas acquires 19.43% stake via $16.6M capital raise
  • Lorelle-3 well drilling underway with expanded horizontal sidetrack program
  • Taroom Trough 2C Contingent Resources increased by 189 BCFe to ~2.8 TCFe
  • 15-year retention licence secured for ATP2044 with no relinquishment
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