Elixir Petroleum
Full Elixir Petroleum profile here
Elixir Petroleum (ASX: EXR) has interests in conventional and unconventional exploration and production assets, with a geographical focus on Europe.
Elixir Petroleum in pre-open pending resource estimate
Wednesday, September 14, 2011 by John Phillips
Elixir Petroleum (ASX: EXR) has been granted a trading halt by the ASX pending the release of a resource estimate, with the company's shares placed in pre-open.
The halt will last until the earlier of the announcement being released to the market, or the commencement of trade of Friday 16 September.
Elixir currently has interests in conventional and unconventional exploration and production assets, with development and production from the shallow shelf Gulf of Mexico, and exploration and appraisal activities in UK North Sea and onshore France.
The company has also made significant progress recently at the Moselle Project in the Paris basin, France, including:
– Unconventional and conventional hydrocarbon prospectivity evaluated;
– Prospects and leads defined and volumetric assessments completed; and
– Independent certification of unconventional in-place resource achieved – to be published shortly.
Farmout activities will commence in the December quarter of 2011.
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