Elixir Petroleum Australia
Elixir is an oil and gas exploration company with current operations in the United States and France.
The strategy of the Company is to pursue opportunities in predominantly OECD countries which meet the following objectives:
Onshore, early stage, low cost exploration opportunities with moderate geological risk
Conventional and unconventional oil and gas reservoirs with near term cash flow possibilities
Expose shareholders to multiple well drilling programs
Execute farm-in and farm-out agreements to grow the portfolio or manage risk
Entering strategic partnerships for development projects to leverage opportunities
Elixir has recently entered into an agreement with AWE to acquire its interest in the Cliff Head Oil Field, which the Board considers an appropriate addition to the portfolio. The Company will continue to target additional projects that meet the above criteria whilst being opportunistic with other transactions that may present themselves.
41-47 Colin Street
PO Box 1070
+61 8 9226 2111