Elixir Energy Provides Operations Update in Mongolian Coal Bed Methane Project
Elixir Energy Limited
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Elixir Energy Provides Operations Update in Mongolian Coal Bed Methane Project

Elixir Energy Limited is pleased to announce an operations update on its coal bed methane (CBM) project in the Nomgon IX Production Sharing Contract (PSC) in the South Gobi Basin, Mongolia. The company's Big Slope-7 appraisal well has recently spudded and has already encountered gaseous coal. With a planned total depth of 800 meters, Big Slope-7 is located west of the Big Slope-4 well, which encountered over 50 meters of coal in 2022.

Elixir Energy has partnered with Mongolian drilling contractor Erdene Drilling LLC (ED) to execute drilling operations in the region. Big Slope-7 is the first of several wells that ED will drill for Elixir Energy. Meanwhile, exploration drilling is progressing at the Bluebill-1 well, also intersecting gaseous coal.

The Nomgon extended pilot test is ongoing, with water production sustaining at satisfactory rates.

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Elixir Energy is in the planning phase for a new well in the pilot, and contract negotiations with drilling contractors and regulatory processes are well underway. To enhance production management of the pilot and provide additional drilling support, Elixir has enlisted the services of the THREE60 Energy Group.

As Elixir Energy continues its operations in Mongolia, the company remains committed to maximising the potential of the Nomgon IX CBM project and contributing to the energy production sector.

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