Taroom Trough gas developer Elixir Energy has raised $5 million in a placement as it launches a review to find the best corporate and commercial strategy to advance its interests there. The company said it had moved beyond its initial exploration and appraisal phases, confirming the existence and extension of Shell’s primary plays into Elixir’s permits in the region. Initial flow testing results from Lorelle-3H supported the modelling of a poten…
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