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Elixir Energy
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April 2024 Investor Webinar Presentation
| Neil Young | Page 10 of 11 |
May 06, 2024
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"April 2024 Investor Webinar Presentation"
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Straightened up and less “garish”…… ATP 2044 • Drilled to total depth of 4,300 metres (14,8 feet) • Well drilled safely and under budget • Gross interval of 607 metres intersected with peak gas shows of up to 800 units • Logged 180 metres of net pay in the Permian sandstones • Measured an additional 65 metres of gaseous coals in the primary objective interval as a new target for stimulation and flow testing • Encountered an unexpected free-flowing gas zone at 4,200 metres – gas flowed to surface without stimulation • Analogues with deep Perth Basin? * See ASX release dated 7 December 2023 Daydream-2 discovered a first in the Taroom Trough – a free flowing deep permeable formation * Daydream-2 Delivers a Welcome Surprise Flare at Daydream-2