Oct 26 (Reuters) - Elixir Petroleum Ltd EXR.AX :
* Major acquisition - cliff head EXR.AX
* Says agreement to acquire awe limited's 57.5% working interest in the producing cliff head oil field located in the Perth basin
* Elixir to acquire 57.5 pct in producing Perth basin
* Minimal upfront acquisition cost of $1 million with contingent payments over the next five years
* Says Elixir in the process of completing a small capital raising
* Acquisition expected to occur on or before 15 February 2016
* Source text for Eikon ID:nASX1pFHWc