Elixir Petroleum (EXR)

Shares / Stock Code

EXR

Stock Exchange / Sharemarket

ax

Elixir Petroleum Ltd (EXR) is a Perth-based oil and gas exploration company. Its interests are located in the Northern, Central and Southern basins of the UK North Sea. EXR is dual listed on the ASX and the Alternative Investment Market (AIM) in London. It was listed on the ASX in July 2004.

Elixir Petroleum holds interests in producing gas and condensate fields located in the Gulf of Mexico and has interests in exploration and appraisal licences in the UK North Sea Elixir also operates a very large exploration permit in the East Paris Basin onshore North-eastern France.

Europe has been targeted by EXRas a core exploration area based on the view that the region remains highly prospective for oil and gas, including unconventional hydrocarbon resources. The area benefits from low political risk, a very large energy market, attractive fiscal conditions and established oil and gas infrastructure.

The shallow shelf of the Gulf of Mexico is an attractive region in which to pursue appraisal and development opportunities and features a superior operating environment to many other regions, with ready availability of rigs and oil industry services, extensive infrastructure and typically short cycle times to first production. Elixir’s producing fields in the Gulf of Mexico provide the group with cashflow from sales of gas and condensate.

Elixir Petroleum (EXR) Products and Services

  • Oil and gas exploration, development and production

Elixir Petroleum (EXR) Locations and Subsidiaries

Elixir Petroleum Head Office
Level 20, 77 St Georges Tce,
PERTH, WA 6000
Phone: (08) 9440 2650
Fax: (08) 9440 2699

Elixir Petroleum (EXR) Share Price

Submitted by ASX Listed Company on 19 March, 2010 - 06:32