Elixir Energy MD Neil Young Tells JustStocks Video He’s Confident Lorelle Sandstone At DayDream-2 Can Alone Produce Commercial Gas Flow Rate

Elixir Energy (ASX: EXR) MD Neil Young speaks with JustStocks Video soon after providing an update on the company’s operations on its 100% owned Grandis project in Queensland. The Lorelle Sandstone has now been successfully stimulated and internal modelling suggests it could alone produce a commercial flow rate of gas. Young says since the stimulation and flow-back of the Lorelle Sandstone there’ve been a number of logistical and operational delays resulting in the program being temporarily halted. It’s expected to re-commence in a month or so.

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