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Elixir Energy
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April 2024 Investor Presentation
| Neil Young | Page 14 of 11 |
April 30, 2024
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"April 2024 Investor Presentation"
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Straightened up and less “garish”…… ATP 2044 • Shell: Currently drilling. “The estimate of recoverable hydrocarbons in this reservoir across ATP 645 in the area covered by PCA 1 (305), on an unrisked P50 basis, is 3.0 Tcf sales gas and 252 mmboe NGLs and condensate” 1 • Santos: Recently executed Data Sharing Agreement with Elixir. “If the play works then we believe there is multi-Tcf potential” (Kevin Gallagher - Santos CEO - Australian Financial Review on 15 November 2018 • Elixir: initial 2C contingent resources of 395 Bcf and 2U prospective resources of 3,603 Bcf – to be upgraded in next few months • Omega: 2C contingent resources of 1.7 Tcf. Stimulated horizontal well to follow in 2024 With multiple operators investing substantially and experimenting with different approaches – the greater the chance the “code” is cracked for the benefit of all Home to several majors, the Taroom Trough hosts material discovered and potential gas resources Multiple Operator Activity