Category
- Agriculture
- Automobiles and Machinery
- Bank, non banking financing, investment
- Blasting
- Construction
- Consumables
- Education
- Energy
- Engineer , Architecture and Geodesy
- Finance, Audit,Accounting and Brokerage
- Food
- Foreign Trade
- Geology Exploration
- Health
- Information Technology
- Insurance
- Labor Safety
- Legal and Business consulting
- Lighting
- Mining equipment
- Mining Services
- Other product and service
- Road
- Sewing and textile products
- Transportations
- Travel
Events
Elixir Energy kicks off 2022 with 24-well drilling program in Mongolia www.proactiveinvestors.com.au
Elixir Energy Ltd (ASX:EXR) has released an update on its coal-bed methane (CBM) exploration and appraisal program underway across its fully-owned Nomgon IX Coal CBM production sharing contract in Mongolia.
The company started 2022 with the spudding of the Tim-1S exploration well over the weekend.
First well spudded
The well is south of the Tavan Tolgoi coal mining area in a location where the company has mapped a potential coal-bearing depocentre.
This well targets Jurassic and Permian coals and has a planned total depth of around 700 metres.
Tim-1S will be the first well in a planned 24-well program for the year, for which Elixir will engage three drilling companies.
The usual mandatory annual regulatory processes have been undertaken in the middle of the region’s winter period and are now close to completion.
Extended pilot production program
A key focus for 2022 is the two-well extended pilot production program scheduled to commence drilling in the middle of the year, with an up-to-six-month fluid pumping program thereafter.
Preparations for this are on track and various long lead items are making their way to Mongolia.
A successful pilot will affirm commercial gas flows and facilitate the company’s planned gas-fired generation project in the Nomgon area.
“This year, we are conducting the largest program we have ever undertaken in Mongolia and we look forward to continued success on both the exploration and pilot fronts,” managing director Neil Young said.
"Notwithstanding international events in Eastern Europe, we pleased to see that its business as usual in Mongolia.”
Published Date:2022-02-28
