Articles On Elixir Petroleum (ASX:EXR)

East Coast faces gas shortfalls despite Australia having abundant resources Policy reform needed to unlock investment in new domestic gas fields ASX juniors have the potential to supply gas to ease supply woes   Is Australia’s East Coast...

Santos plans to accept an $8.89 per share cash takeover offer from an Abu Dhabi-led consortium Acquisition could charge up interest in Queensland’s gas assets to top up resources for LNG export Junior companies operating in the state could...

Anthony Albanese’s second term showing positive signs for Australia’s gas sector However, reform of approvals process is unlikely Investment still occurring in Queensland with Shell reported to be bringing in high spec rig Australia’s gas...

Highlights  ASX200 futures signal mild early dip  Wall Street ends week strong despite US credit downgrade  Key updates from small caps and energy sector  The Australian share market is set for a softer start to the week, with ASX...

Labor has secured a clear majority in the Lower House following a landslide electoral victory Government has reiterated the importance of gas in the energy mix to back up renewables Natural gas is also important in the manufacturing and in...

Highlights Mineral Resources (MIN) observed increased market activity amid global trade updates. Elixir Energy (EXR) advanced following a new strategic direction led by recent leadership changes. Biotechnology stocks, includ...

Highlights  ASX200 set to open higher as optimism builds over global trade outlook  Energy and commodities rally, lifting investor sentiment  Multiple ASX-listed companies post updates amid sector-wide activity  The Australian sha...

Under the new management of former Strike Energy chief Stuart Nicholls, formerly Neil Young-led Elixir Energy (ASX:EXR) has unveiled its new strategic plan: a heightened focus on QLD’s Taroom Trough. Elixir, to remind, has been active i...

A 172.9m intersection has been returned from the second diamond hole at Sunnyside prospect   Kingsgate Consolidated appears set to grow its gold bounty at Thai project  Elixir Energy prepares path to development of the Grandis project   Y...

ASX climbs 1.34pc with 10/11 sectors in the green Base metal prices recover as USD falls Gold continues strong performance, remaining near all-time highs   It’s certainly a calmer start to the week for the markets today. Strong numbers fr...

Highlights: Elixir Energy undergoes leadership transition with Stuart Nicholls taking over as CEO. The appointment follows Neil Young's departure, who led strategic developments in Mongolia and Queensland. The market reacted...

Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10:15, once trading kicks-off in earnes...

The ASX has been down more than 6% at 7,204 points this morning. There’s been carnage across the ASX and all sectors are heavily down. The Energy sector has been bleeding the most, down around -8.9%, followed by Materials, down -7.6%, an...

Omega Oil and Gas is progressing flow testing of its Canyon-1H horizontal well in Queensland’s Taroom Trough Result will determine the ability of its Canyon project to produce gas and condensate at commercial rates Company rated a speculat...

$42M capped Elixir Energy (ASX: EXR) has the biggest acreage holding in the Taroom Trough in Queensland, Australia. EXR's neighbour, $140M capped Omega Oil and Gas is currently flow testing its first horizontal well next door…  We are expec...

A flow test is set to begin any day now…  A positive result could light up this whole gas region for takeovers - which is already full of big names like Santos and Shell.  We just increased our position in Elixir Energy (ASX: EXR) ahead of...

Highlights ASX200 index ended the session unchanged amid varied sector activity. Industrials, Information Technology, and Telecommunications experienced modest rises. Notable developments emerged from mining and healthcare sec...

The ASX200 closed flat at 8,484 points. The Aussie bourse pared early gains after lifts in companies posting positive results were offset by a large sell-off in index giant CSL (ASX:CSL). Trump has indicated he’s considering applying...

Highlights Woodside (WDS) signals rising East Coast gas prices amid persistent political delays Mid-sized and junior energy companies such as Bounty Oil & Gas (BUY) may gain from policy changes Queensland stands out as a favorable...

Welcome to Got Gas, where Stockhead senior energy journalist Bevis Yeo gives you the lowdown on the news and insights you need to know in the ASX energy sector. This time, he highlights several companies with potentially significant impendi...

Highlights:  ASX 200 Futures Signal Record Close: ASX 200 futures rose 0.3% to 8,481 points, suggesting a potential all-time high for the index.  Global Markets Rally: US and European markets posted strong gains, with the ECB executing...

Queensland’s frontier Taroom Trough is looking increasingly positive for big gas potential Resources could help plug the growing supply deficiency the east coast is facing Omega Oil & Gas is confident about its upcoming Canyon-1H produ...

Supermajor Shell’s reportedly successful appraisal program at the Taroom Trough could pry the play open to ease east coast gas woes.   A common theme in resources exploration in frontier regions is that things only really take off when a ma...

MinRes gas sale to Hancock lights up gas market But hardcore oil and gas heads are looking at the explorers in the Taroom Trough The Queensland gas basin could deliver major supply boost for struggling east coast energy market Welcome to...

ASX set to rise on Monday after strong Wall Street gains Netflix shares up 11pc on strong profits TSMC crucial for chip production, and investors should watch this stock   The ASX is set to rally when the market resumes on Monday after a...

Highlights ASX200 closed down 0.35% at 8,176 points. Iron ore prices fell as China shifted focus from construction to consumer confidence. Health Care sector gained 0.75%, while Materials dropped 1.75%. The ASX200 index closed 0.3...

The ASX200 closed down 0.35% at 8,176 points. Iron ore prices fell from US$114/tn to US$108/tn in Singapore on news the Chinese government’s stimulus will focus more on boosting domestic spending. Instead of driving new construction,...

ASX fell as mining stocks dropped on China’s lack of stimulus Brent oil dipped below US$80 Big lithium stocks fall, but smaller players keep gaining after Rio Tinto’s Arcadium takeover talks   The ASX closed lower by 0.35% in a volatile...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to get into positive territory but has fallen a touch short. The benchmark index is down slightly to 8,203.4 points. Four ASX shares that are falling more than most...

ASX energy stock Elixir Energy Ltd (ASX: EXR) is having a day to forget. As are the company's shareholders. Yesterday the Elixir Energy share price closed the day at 16.5 cents. In early trade, shares crashed all the way to 7.0 cents...

Good morning, and welcome to Stockhead’s Top 10 at somewhere near 11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Elixir Energy (ASX:EXR) is all but guaranteed to become a future gas producer with 5 of 6 zones part of the Daydream-2 well flowing gas. Elixir said on Tuesday that the Daydream-2 will be “retained as a future gas producer.” However, th...

The ASX200 has closed up 0.7% at 8,270 points – a new all time closing high. The fresh Chinese stimulus measures paired with an increasingly volatile Middle East has fueled a jump in commodity prices. In response Energy and Mining stocks...

A well flare reportedly delivered by multinational energy giant Shell this month has trained eyes on the Taroom Trough, a region now viewed as a good candidate to emerge as the next frontier to solve the east coast’s emerging gas supply cri...

Fresh off a nearby gas discovery by multinational giant Shell, Omega has spudded a horizontal well at the Canyon gas project in Queensland’s Taroom Trough Horizontal well will penetrate up to 1100m of the Permian Canyon Sandstone to establ...

In this interview, HotCopper reporter Sean Boss talks to RIU Essential Energy organiser Jaxon Crabb from Vertical Events about the 2024 iteration of the conference formerly known as Good Oil. The Chinese economy has dampened commodity s...

Elixir Energy Ltd (ASX:EXR) believes that ‘unlocking’ gas resources in the Taroom Trough could help to alleviate the ongoing energy crisis in Australia’s east coast. Managing director Neil Young told an audience at RIU’s Essential Energy...

Earlier this week, reports emerged that oil and gas supermajor Shell was flaring gas in the Taroom Trough in Queensland. Our Investment Elixir Energy (ASX: EXR) has acreage next door to Shell in the Taroom Trough.

Natural gas remains an important source of energy through the energy transition Importance of gas acknowledged by Government’s Future Gas Strategy but concrete action needed to secure supplies Gas demand also strong in South East Asia, Sou...

ASX ended 10-day winning streak ANZ, Tabcorp dropped after facing regulators Despite a crude price rebound, energy stocks fell   The ASX 200 ended its 10-day winning streak, dipping by 0.04% after a weak session on Wall Street overnight....

The ASX200 has been down 0.16% at 8,015 points. The market was lead lower by Wall Street as investors await an overnight speech by US Federal Reserve Chair, Jerome Powell. Back in Oz, Utilities has suffered the biggest losses, down mo...

Elixir Energy (ASX: EXR) has achieved the deepest flow of coal gas to the surface ever recorded in this country in latest testing on the Daydream-2 well at its 100%-owned Project Grandis in Queensland’s Taroom Trough region. Daydream-2 has...

Elixir Energy (ASX:EXR) has announced it’s flown the first gas to surface from its QLD-based Daydream-2 well, part of the company’s Grandis assets. Shares jumped nearly 15% to 16cps according to Cboe live pricing at 10.45am AEST. At the...

The ASX is expected to open lower after Wall Street fell Fed officials signalled that any upcoming rate cuts will be gradual Tesla dropped nearly 6pc, while Peloton surged 35pc on a revenue beat   The ASX is expected to open lower on Frid...

ASX gained for the sixth day, boosted by strong US retail sales NAB’s revenue fell slightly; Domain’s profits soared RBA’s Bullock  downplayed the chances of an RBA rate cut this year   The ASX has notched its sixth consecutive day of win...

  To register for today's webinar click here. Miramar Resources (ASX:M2R) has announced that the RC drilling underway at Mount Vernon and Trouble Bore Projects in WA. First drilling campaign to target Ni-Cu-CoPGE deposits within the Caprico...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the...

Today’s post stimulation flow rate from a single zone is almost double the unstimulated, stabilised flow rate Elixir Energy (ASX: EXR) announced from the same zone back in April…

ASX up as earnings season rolls on; Origin down 10pc, Telstra up 3pc Australia’s unemployment rate edged up to 4.2pc from 4.1pc Iron ore futures dropped below US$94 per ton   The ASX edged slightly higher by 0.1% on Thursday, boosted by a...

MST senior research analyst Saul Kavonic says government policies are responsible for the lack of new gas supplies While the importance of gas has been recognised, the Senate remained a stumbling block for changes Taking action on the Futu...