Elixir Energy Limited
EXR.ASXEnergy
Oil and gas exploration, development and production
Market Data
$0.107
-0.0%$205.6M
-100000.0x
$-0.032
0.00%
+0.1%
Latest Earnings
Q3FY26 Quarterly Report and Appendix 5B
23 April 2026
Elixir Energy completed a highly successful Q3 FY26 with the Lorelle-3/3H appraisal wells delivering exceptional results, including 1,033m of high-quality net gas-condensate pay in the Tinowon 'Dunk' Sandstone (exceeding expectations with 11.2% average porosity), completion of 225km of 2D seismic in ATP2057, and securing a $10M R&D debt facility. The company finished the quarter with $22.3M liquidity and is fully funded through 2026, with key value-defining catalysts pending including Diona-1 and Lorelle-3H stimulation/production testing scheduled for Q4 FY26. Key points: Lorelle-3H achieved longest lateral drilled in Taroom Trough to date (1,157m) with 1,033m of high-quality net gas-condensate pay exceeding expectations (11.2% average porosity, max 18%); Lorelle-3 vertical pilot intersected all primary and secondary objectives with 148m total net gas-condensate pay across four Permian reservoirs validating basin model; Completed 225km of modern high-resolution 2D seismic in ATP2057 on schedule and on budget, positioned on-trend with Lorelle discoveries in prospective western Taroom Trough acreage
Recent Announcements
Q3FY26 Quarterly Report and Appendix 5B
Elixir Energy completed a highly successful Q3 FY26 with the Lorelle-3/3H appraisal wells delivering exceptional results, including 1,033m of high-quality net gas-condensate pay in the Tinowon 'Dunk' Sandstone (exceeding expectations with 11.2% average porosity), completion of 225km of 2D seismic in ATP2057, and securing a $10M R&D debt facility. The company finished the quarter with $22.3M liquidity and is fully funded through 2026, with key value-defining catalysts pending including Diona-1 and Lorelle-3H stimulation/production testing scheduled for Q4 FY26. Key points: Lorelle-3H achieved longest lateral drilled in Taroom Trough to date (1,157m) with 1,033m of high-quality net gas-condensate pay exceeding expectations (11.2% average porosity, max 18%); Lorelle-3 vertical pilot intersected all primary and secondary objectives with 148m total net gas-condensate pay across four Permian reservoirs validating basin model; Completed 225km of modern high-resolution 2D seismic in ATP2057 on schedule and on budget, positioned on-trend with Lorelle discoveries in prospective western Taroom Trough acreage
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