Elixir Energy is a leading Australian energy company with an impeccable track record in natural gas exploration and production. With its primary operational focus in Mongolia’s South Gobi region, the company works towards finding technically advanced solutions for extensive gas extraction. As a unique innovator in the sector, Elixir Energy stands out for its strategic approach, ethical values, and commitment to sustainable practices.
Elixir Energy operates within Mongolia’s nomadic landscapes, enlightened by the prospect of uncovering substantial coal seam gas (CSG) reserves. The company has mapped out its flagship Nomgon IX production sharing contract (PSC) over a colossal 30,000-kilometre square area. The PSC permits Elixir Energy to examine, develop, and extract specific resources within this vast expanse, leveraging world-class drilling technologies and deep sector knowledge.
The company has established its distinctive position in Mongolia due to the nation’s rapidly developing economy and its growing need for domestic energy production. Elixir Energy, by investing in Mongolia’s local resources, plays a foundational role in supporting and stimulating the country’s energy growth, reducing energy dependency, and aiding the nation’s transition from traditional fossil fuels towards a more sustainable, eco-friendly energy source.
Elixir Energy actively integrates innovative technological solutions into its operation framework. The company utilizes the latest in 3D seismic imaging to locate and map probable CSG reserves accurately. Utilizing advanced drilling technologies allows for efficient and low-impact extraction, assuring minimal ecological disturbance and contributing to the company’s sustainability commitment. Through the blend of these cutting-edge practices, Elixir Energy harnesses a resolute competitive edge within the energy industry.
Elixir Energy’s operations stand on the strong pillars of ethics and sustainability. The company consistently ensures it adheres to the highest standards of environmental responsibility, minimizing its carbon footprint and committing to the preservation of Mongolia’s unique landscapes. Elixir Energy also champions transparent corporate governance, stipulating clear lines of accountability and responsibility while promoting ethical business practices.
One of the company’s significant milestones includes the discovery of Mongolia’s first-ever CSG resources in the Nomgon-1 well, proving the existence of a substantial gas reservoir within the contracted PSC area. This remarkable breakthrough, coupled with a strategic approach dubbed as ‘Elixir’s Strategy 1.0’, enables the company to deliver robust shareholder value whilst driving Mongolia’s energy independence.
Elixir Energy also has its sights set on the massive Beijing, Tianjin, and Hebei population centres of China, representing a