Articles On Elixir Petroleum (ASX:EXR)

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...

Precious and base metals explorer Kincora Copper Ltd (ASX:KCC) has announced a partnership with Woomera Mining Ltd (ASX:WML) to progress its Bronze Fox copper-gold project in Mongolia. As well as sending Kincora shares up more than 9%, t...

The flow test is about to start again… Elixir Energy (ASX: EXR) is developing an onshore gas asset in Queensland.

With its confidence boosted by the recent Daydream-2 gas discovery in Queensland, Elixir Energy (ASX: EXR) looks set to add further acreage to its Taroom Basin portfolio. Elixir drilled what has the potential to be a major gas discovery whe...

ASX rose  as the RBA held interest rates at 12-year high 4.35pc All 11 sectors on the ASX gained, with significant moves from Pilbara and Fortescue  ASX to launch first bitcoin-linked ETF on Thursday   Aussie stocks bounced back by +0.8%...

The ASX200 closed the day up 0.8%. All sectors bar one finished in the green. Real-estate lead the way, up 1.8%, tele-communications and staples followed, both gaining around 1.3%. The energy sector was the only sector to fall short,...

Queensland-focused gas explorer and developer Elixir Energy Ltd (ASX:EXR) has reported a 328 percent increase (to 1,297 billion cubic feet) in its contingent resources for the Grandis Gas Project, based on drilling results at the Daydream 2...

Omega is poised to drill a horizontal gas well that could prove the commerciality of its Canyon project This will have increased exposure to the target reservoir compared to a nearby third-party vertical well is already flowing gas Success...

The ASX200 has seen red, closing down 0.98% as reports of Israel launching retaliatory attacks on Iran ripped through global markets on a fateful Friday. All the sectors are in the red, IT fell the most, down 1.5%, financials and Real-e...

The ASX200 has closed down .56 of a per cent with IT down 1.4 per cent and in the red for a second straight day, materials slumping 0.8 per cent and real estate shedding .61 per cent. Coming into sharp focus today were OncoSil Medical, T...

05 Apr 2024 - A snapshot of the stocks on the move, featuring Linius Technologies Ltd (ASX:LNU), Biotron Limited (ASX:BIT) and Elixir Energy (ASX:EXR).

  To register for today's webinar click here. Linius Technologies Ltd (ASX:LNU) has signed a second US college conference and its first deployment in American football. The agreement is to provide its Whizzard sports solution to the Lone St...

Elixir Energy (ASX: EXR) just upgraded its prospective resource by ~3X to 3.6 trillion cubic feet. And in April EXR will be flow testing it…