Elixir Energy (ASX:EXR) Operational Update

Elixir Energy Limited (ASX:EXR) has deployed the Coil Tubing Unit (CTU) to the Daydream-2 wellsite in Project Grandis, Queensland's Taroom Trough. The CTU, released from the neighboring Operator, will be used for the final phase of flow testing to clean out fluid and proppant from the bottom of the wellbore, aiming to achieve an optimal stabilised flowrate. Testing is expected to commence later this week.

Elixir Energy's Managing Director, Mr Neil Young, on Daydream-2 Operations

We are very pleased to continue the close operational working relationship with our neighboring Operator over such matters as coordinating the utilization of the key CTU. And of course we are very excited by the now imminent final stage of the to-date very successful Daydream-2 work program.

Elixir Energy (ASX:EXR) Daydream-2 Operations Update

Elixir Energy (ASX:EXR) has deployed the Coil Tubing Unit (CTU) for the final phase of flow testing at the Daydream-2 well in Project Grandis, Queensland's Taroom Trough. The CTU will be used to clean out fluid and proppant from the wellbore, aiming to achieve an optimal stabilised flowrate. Managing Director, Mr Neil Young, expressed excitement for the imminent final stage of the successful Daydream-2 work program. The company anticipates testing to commence later this week, marking a significant milestone in the project's progress.