(NewsDirect)
Elixir Energy Ltd(ASX:EXR) MD Neil Young tells Proactive the company’s Nomgon-10pilot well is now online at its Nomgon IX coal bed methane (CBM)project in the South Gobi Basin of Mongolia. Elixir is bringing thewell into production slowly to minimise the risks of formation damageand shocks to the coal reservoir. Meanwhile in the Yangir region, asuccessful drill stem test (DST) was performed on the Yangir West-2well, with the results constituting a CBM gas discovery with thecompany having proved the presence of gas-saturated coal with adequatepermeability.
Young said, “The drilling of the Nomgon-10 pilot well hasgone to plan and we look forward to growing production of water –and then gas – from this well.
"Favourable results will put the Nomgon PilotProject back on the intended pathway of determiningcommercialism."
ContactDetails
Proactive Investors
JonathanJackson
+61 413 713 744
jonathan@proactiveinvestors.com
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