Elixir Energy brings Nomgon-10 pilot well into production
September 28, 2023 at 11:31 am
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Elixir Energy Ltd (ASX:EXR) MD Neil Young tells Proactive the company’s Nomgon-10 pilot well is now online at its Nomgon IX coal bed methane (CBM) project in the South Gobi Basin of Mongolia. Elixir is bringing the well into production slowly to minimise the risks of formation damage and shocks to the coal reservoir. Meanwhile in the Yangir region, a successful drill stem test (DST) was performed on the Yangir West-2 well, with the results constituting a CBM gas discovery with the company having proved the presence of gas-saturated coal with adequate permeability.
Young said, “The drilling of the Nomgon-10 pilot well has gone to plan and we look forward to growing production of water – and then gas – from this well.
"Favourable results will put the Nomgon Pilot Project back on the intended pathway of determining commercialism."
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Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Elixir Energy Limited is an Australia-based gas exploration and development company. The Company is focused on primarily focused on an exploration and appraisal program targeting natural gas in the form of coal-bed methane (CBM) in Queensland, Australia and the South Gobi, Mongolia. It is also developing Gobi H2 green hydrogen project and solar project in Mongolia. The Company holds 100% of a Queensland exploration permit ATP 2044, named Grandis Gas Project, located in the Taroom Trough of the Bowen Basin, Queensland. Its Grandis Gas Project covers an area of 1,000 square kilometers (km2) located close to existing gas transmission infrastructure centered on the Wallumbilla gas hub. he Nomgon IX CBM PSC (Nomgon Project) is located on the Mongolian Chinese border, around 400 kilometers (km) North of Chinaâs main gas transmission grid. The Nomgon Project license area covers 30,000 km2 (seven million acres). Its subsidiaries include Golden Horde Pty Ltd, GOH LLC, GOH Clean Energy LLC.