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What Makes Elixir Energy's Daydream-2 Well in Queensland a Groundbreaking Discovery? — ASX:EXR| ASX Mining News & Discussion
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$EXR What Makes Elixir Energy's Daydream-2 Well in Queensland a Groundbreaking Discovery?
Elixir Energy's Daydream-2 Well Poised to Transform Queensland's Energy Landscape

Adelaide, January 18, 2024 – Elixir Energy Limited's ("Elixir" or the "Company") latest update on its Daydream-2 appraisal well marks a potential turning point in Queensland's gas exploration landscape. Located in the Taroom Trough of the Bowen Basin, the Daydream-2 well, part of the wholly-owned Grandis Gas Project (ATP 2044), has reached depths previously uncharted in the region in over a decade, unveiling promising gas prospects.

Groundbreaking Discovery at Unprecedented Depths

As Elixir's technical team and various service providers pore over the data, the Daydream-2 well, drilled to a total depth of 4,300 metres, has revealed porous and permeable sandstone reservoirs at 4,200 metres. This discovery, coupled with the well producing gas to the surface, underscores the significance of the find not only for the Grandis Project but also for the broader Taroom Trough area.

Exceptional Reservoir Properties

In an exciting turn during the drilling ...
What Makes Elixir Energy's Daydream-2 Well in Queensland a Groundbreaking Discovery?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?