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Elixir Spuds CSG Well - A Follow up on Mongolia’s First Gas Discovery

Elixir Spuds CSG Well - A Follow up on Mongolia’s First Gas Discovery

The Next Oil Rush’s top energy pick, Elixir Energy (ASX: EXR) has spud the Nomgon-2 well — a follow up to its gas discovery at its 7 million acre PSC on the Mongolia-China border.

EXR Now Days Away from Multi-Well Gas Drilling Campaign in Mongolia

EXR Now Days Away from Multi-Well Gas Drilling Campaign in Mongolia

Fresh off the back of a high demand capital raise, Elixir Energy (ASX: EXR) is set to put those funds to work in the form of a drilling and seismic campaign to kick off in the coming days. Elixir is exploring for coalbed methane (CBM) — or coal seam gas (CSG) as it is known in Australia — at its 100% owned CBM Production Sharing Contract (PSC), the Nomgon IX CBM PSC.

$5M RLE Given Green Light to Unlock Value Across Prime East Coast Gas Acreage

$5M RLE Given Green Light to Unlock Value Across Prime East Coast Gas Acreage

Real Energy (ASX: RLE) is currently capped a fraction of the value of its neighbours, at just $5M, making it much more leveraged to success at its JV Venus Project in the Surat Basin, a prolific CSG producing region where over 4000 wells have been drilled, & over 1200 PJ of 2P reserves sit in nearby CSG fields.

Gas Bubbles Highlight Excellent Results from EXR’s Second Core-Hole

Gas Bubbles Highlight Excellent Results from EXR’s Second Core-Hole

Starting off from such a low base in 2020 provides a fresh start for investors as Elixir Energy completes drilling at its second location within its massive acreage in Mongolia’s Gobi Desert.

Alaskan North Slope Micro Cap Confirms 1.6BN Barrel Prospective Resource

Alaskan North Slope Micro Cap Confirms 1.6BN Barrel Prospective Resource

XCD Energy (ASX:XCD) has rapidly increased its acreage in the region, delivered a prospective resource, and is seeking a farm-in partner and progressing to exploration.

88 Energy Edge Closer to Spud Date on One of the Biggest Oil Wells of 2020

88 Energy Edge Closer to Spud Date on One of the Biggest Oil Wells of 2020

The countdown is on for the spudding of 88 Energy’s (ASX:88E | AIM:88E) fully funded appraisal well on the Alaskan North Slope. At the Company’s Project Icewine, the Charlie-1 appraisal well is on track for February 2020 drilling and it’s set to be one of the biggest oil wells in the world...

Total and Santos Deadline Looms: Melbana Aims for Full Buy In

Total and Santos Deadline Looms: Melbana Aims for Full Buy In

The deadline for petroleum heavyweights Total and Santos to decide whether to buy into Melbana Energy’s (ASX:MAY) WA-488-P permit offshore northwest Australia is just days away.

Our Top Pick of 2019: Elixir Energy (ASX: EXR) Drilling This Weekend

Our Top Pick of 2019: Elixir Energy (ASX: EXR) Drilling This Weekend

It’s all systems go for Elixir Energy (ASX:EXR) as it spuds its first well at its Nomgon IX coalbed methane (CBM) production sharing contract (PSC) in the South Gobi Basin in Southern Mongolia.

Introducing Our Top ASX Energy Pick of 2019

Introducing Our Top ASX Energy Pick of 2019

Stocks like today's don’t come along all the time, but on certain occasions we are emboldened enough to give them the coveted ‘Top Pick of the Year’ selection. This company is sitting on a gigantic, independently certified 7.6 Tcf coalbed methane Prospective Resource in southern Mongolia — right on the border of China.

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