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Elixir’s Lorelle-3H results gain a $205m funding partner
3:18pm on Tuesday 27th of October, 2026 AEDT
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Oil and Gas
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Elixir’s Lorelle-3H results gain a $205m funding partner
3:18pm on Tuesday 27th of October, 2026 AEDT
Key Points
10.4 mmscfd peak gas flow plus 10 bbl/d of condensate from Lorelle-3H
Gas composition required no processing beyond standard dehydration
$25 million cash consideration and $180 million gross carried work program from Beach Energy
$6.02 million cash and $7.77 million total available funding at quarter end
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