Utilising novel techniques for the first time in Australia, Elixir Energy Ltd (ASX:EXR, OTC:ELXPF) has completed Daydream-2 stimulation in six separate zones within its 100%-owned Project Grandis in Queensland’s Taroom Trough.
A highlight of the program was the successful flow of the Lorelle Sandstone, along with three sandstones above this and two coal zones.
Flow tests will follow shortly.
“The successful conclusion of the stimulation phase of the Daydream-2 well – particularly with Elixir being a pioneer in Australia for some of its key aspects – is a real tribute to our technical team and the contractors working for us, Elixir’s managing director Neil Young said.
"We are now moving onto the culmination of the whole program – the final flow testing phase.”
Daydream-2 well-site.
Novel techniques contribute to success
The stimulation program incorporated several innovative methods, with Elixir noting that some were employed for the first time in Australia.
This research and development component of the Daydream-2 program is seen as crucial for achieving outcomes that align with the significant advancements in stimulation technology since the Taroom Trough was first assessed approximately 10 years ago.
Elixir will now turn its attention to flow testing and has outlined several aims including:
Elixir will report results as they come to hand.
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