Elixir Energy Renews Authority to Prospect at Queensland's Taroom Trough

MT Newswires Live2025-12-24

Elixir Energy (ASX:EXR) secured a 15-year renewal of its authority to prospect (ATP2044) and was granted a potential commercial area (PCA356) covering 1,058 square kilometers at Queensland's Taroom Trough, according to a Wednesday filing with the Australian bourse.

The PCA356 contains 1.362  trillion cubic feet of gas equivalent in independently certified 2C contingent gas resources identified through the drilling of the Daydream-2 exploration well in 2024, per the filing.

The full retention, secured without any partial relinquishment, supports phase 1 of the company's strategic plan and preserves its substantial acreage in the Taroom Trough, the filing added.

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