Elixir Energy: A New Gas Source for the Tightening East Coast Market
The East Coast Gas Crisis is Upon Us
Australia is facing a gas supply crisis, with the east coast particularly vulnerable. Demand for gas is growing rapidly, while production is declining. This has led to a sharp increase in gas prices, which is putting pressure on businesses and consumers.
The Taroom Trough in Queensland is one of the most promising areas for new gas production in Australia. The trough has the potential to supply a significant amount of gas to the east coast market.
Elixir Energy: A Key Player in the Taroom Trough
Elixir Energy is a leading explorer and producer of unconventional gas in the Taroom Trough. The company is well-positioned to benefit from the rising gas price environment.
Elixir Energy has a number of projects in the Taroom Trough, including the Grandis Gas Project. The company is also active in Mongolia, where it is exploring for coal bed methane.
Elixir Energy: A Compelling Investment Opportunity
Elixir Energy is a compelling investment opportunity for investors seeking exposure to the growing gas market in Australia. The company has a strong track record, a proven management team, and a portfolio of high-quality assets.
Elixir Energy is well-positioned to emerge as a key supplier of gas to the east coast market. The company's projects have the potential to significantly increase Australia's gas supply and help to alleviate the current gas crisis.
In addition to its strong fundamentals, Elixir Energy is also attractively valued. The company is trading at a significant discount to its peers and is offering investors a compelling entry point.
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