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EXR – Elixir Energy Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Elixir Energy Limited is an Australia-based gas exploration and development company. The Company is primarily focused on coal bed methane (CBM) exploration and development in Mongolia. It is also investigating hydrogen production opportunities in Mongolia. The Company’s segments include oil and gas exploration in Mongolia and the United States of America and clean energy Mongolia. The Company has a 100% interest in the Nomgon IX CBM production sharing contract (PSC), located proximate to the Chinese border in Mongolia’s South Gobi region. The Nomgon Project is located on the Mongolian Chinese border, around 400 kilometers (km) north of China’s main gas transmission grid. The Nomgon Project license area covers approximately 30,000 square kilometers. It also focuses on the green hydrogen production project, Gobi H2 in the South of Mongolia. Its subsidiaries include Golden Horde Pty Ltd, GOH LLC, GOH Clean Energy LLC, and Elixir Petroleum (Australia) Pty Ltd, among others.

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