Elixir Energy (ASX:EXR) partnered with energy company QGC to facilitate its ingress into ATP2077-Block A and the acquisition of 3D seismic data, according to a Wednesday filing with the Australian bourse.
The company will receive the data acquired in Block A and the area that extends from the boundary between ATP645 and ATP2077 to a distance of two kilometers into ATP645, the filing said.
Additionally, the company will provide the future Daydream-3 well information and logs to QGC in exchange for upfront geophysical data, per the filing.
Elixir Energy shares rose 5% in afternoon trade Wednesday.
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