Oz Elixir to Drill for CBM in Mongolia

Elixir Energy has received final environmental approval to start its field exploration programme in Mongolia, the Australia-listed company said July 11.

Focussed on Mongolian coalbed methane (CBM), Elixir is targeting gas within its 100% owned Nomgon IX CBM field, located close to the Chinese border. It has asked Mongolian seismic contractor Micro Seismic to start the acquisition of new data aimed at further defining already identified coalbeds at the South Gobi field.

The work is scheduled to start in approximately three weeks, following Mongolia’s Nadaam summer holiday. Elixir said the drilling tendering process is now at the formal contractor selection stage and it expects to name the successful contractor shortly and execute a contract within a few weeks.

Drilling is planned to begin in or around September. “No further significant government approvals are required by Elixir in connection with the drilling program,” the company said.