COAL SEAM GAS

Our 2019 Energy Pick of the Year Elixir Energy (ASX:EXR) is developing two energy projects in Mongolia, near the Chinese border.

Today Elixir Energy (ASX:EXR) announced it has signed an MoU with Mongolia’s Ministry of Energy to co-operate over Hydrogen to create a new hydrogen industry in Mongolia.

Elixir Energy Ltd (ASX: EXR) has almost doubled the size of its Nomgon IX prospective resource in Mongolia.

Elixir Energy Limited (ASX: EXR) is preparing for the imminent spud of Hutul 1S which has the potential to unlock an entirely new sub-basin, – or potentially a large extension of the Nomgon sub-basin.

Elixir Energy (ASX: EXR) CSG exploration campaign at its 100% owned PSC in Mongolia again delivers very strong results.

Elixir Energy's (ASX: EXR) EXR's Nomgon-2 appraisal well has reached total depth & indicates an exceptionally thick coal seam that stretches 1km between the two wells.

The Next Oil Rush’s top energy pick, Elixir Energy (ASX: EXR) has spud the Nomgon-2 well — a follow up to its gas discovery at its 7 million acre PSC on the Mongolia-China border.

Fresh off the back of a high demand capital raise, Elixir Energy (ASX: EXR) is set to put those funds to work in the form of a drilling and seismic campaign to kick off in the coming days. Elixir is exploring for coalbed methane (CBM) — or coal seam gas (CSG) as it is known in Australia — at its 100% owned CBM Production Sharing Contract (PSC), the Nomgon IX CBM PSC.

Australian east coast focused Gas company, Real Energy (ASX: RLE), is entering the hydrogen fuel industry with plans to build a large-scale hydrogen fuel plant in Queensland.

Real Energy (ASX: RLE) is currently capped a fraction of the value of its neighbours, at just $5M, making it much more leveraged to success at its JV Venus Project in the Surat Basin, a prolific CSG producing region where over 4000 wells have been drilled, & over 1200 PJ of 2P reserves sit in nearby CSG fields.