- Lorelle-3钻井在昆士兰州塔鲁姆槽的ATP 2056区块内探测到丰富的天然气和凝析油资源，多个含油气层段的储量均超出预期。-
Lorelle-3先导井的测井结果证实了四个重要的二叠纪含油气储层，总净油层厚度为148米，其中包括：
o Tinowon砂岩层中28米的净油层厚度，孔隙度最高达13%；
o Lorelle砂岩层中60米的净油层厚度，孔隙度最高达14%；
o Kianga砂岩储层群中6个独立层段共59米的净油层厚度，孔隙度最高达17%；
o Overston砂岩层中1米的净油层厚度，孔隙度最高达9%。
- 已确认拥有凝析气资源的蒂诺翁（Tinowon）砂岩储层为水平钻井目标。8.5英寸井段封堵后将立即开始作业。Elixir

Energy Limited欣然公布昆士兰州塔鲁姆槽（Taroom Trough）ATP2056区块Lorelle-3先导井的测井和扩展评估活动的初步结果。Elixir Energy Limited

董事总经理兼首席执行官Stuart Nicholls表示：“
Lorelle-3先导井的初步结果巩固了Elixir在日益令人兴奋的塔鲁姆槽拥有最具前景区块的地位。”确认 Dunk 油藏向北延伸，且厚度和储层质量均保持在壳牌核心作业区之外，这大大增强了公司从 Lorelle-3 水平段证明商业天然气和凝析油流量的机会，钻井计划很快开始。

次要目标层段的强劲增长潜力对公司而言是一项卓越的成果，其中洛雷尔砂岩层的勘探结果远超预期。该层段厚度异常厚实，横向分布均匀，且富含干气，凸显了资源潜力的规模和质量。这些结果有望为加快后续评估计划的建议提供依据，以开发和测试这一重要的天然气资源，进一步提升 Elixir 公司在塔鲁姆地区的整体开发潜力。

近期，我们的重点仍然是执行Dunk水平段的钻井作业，完成研发项目以优化多级压裂增产设计，并在未来几个月内推进该井的完井和流量测试。该项目的成功有望支持Elixir公司和Taroom Trough油田的首次储量确认，这对公司和该油田而言都是一个重要的里程碑。

作业已完成
Elixir公司已成功完成Lorelle-3导向孔8.5英尺段的测井和评估工作。已采集了密度/中子测井、电阻率测井、伽马测井、声波测井、成像测井和核磁共振（NMR）测井数据，并采集了多个已识别含油气储层单元的全岩心和侧壁岩心。

除上述测井程序外，泥浆测井和随钻测井工具采集的数据也被用于评估 Lorelle-3 先导孔的结果，该孔包含 4 个独立的含气和凝析油储层。在最终结果的汇总中，Elixir 的岩石物理解释已由 SLB 进行同行评审。以下是结果的描述和摘要：

Tinowon 砂岩
Tinowon 砂岩（主要目标层）顶部记录深度为 3,175 米，总厚度为 56 米。该储层由两层砂层组成，厚度分别为 21 米和 32 米，中间夹有一层 2 米厚的薄煤层，据推测该煤层横向延伸范围有限。邓克油藏净含气层厚度为28米，平均孔隙度为8%，峰值可达13%，这与预期相符，也与南部壳牌公司井的勘探结果一致，该井已产出大量天然气和凝析油。

通过泥浆气比和核磁共振测井，邓克油藏被证实含有富含凝析油的天然气资源，从该层段顶部提取的18米全岩心显示岩屑具有荧光特性。

洛雷尔砂岩
（次要目标层）顶部测得的井深为3386米，厚度为125米。该油藏钻探过程中发现了一系列强烈的干气显示，核磁共振测井证实了这一点。经测量，该油藏净含气层厚度为60米，平均孔隙度为7%，峰值可达14%。该油藏厚度异常厚，性质相对均质，具有重要的未来评价价值。在该储层中采集了多个侧壁岩芯，描述中包括观察到的一些可见孔隙。

奥弗斯顿砂岩
奥弗斯顿砂岩（也是次要目标层）顶部测得深度为3,284米（MDRT），厚度为102米。该储层经测量含有凝析气资源，净有效厚度为1米，平均孔隙度为9%，侧壁岩心采集于该层段。基昂加

组
（三级目标层）测得深度为2,917米（MDRT），由6个独立层段组成，厚度介于4米至16米之间。该组总净有效厚度为59米，平均孔隙度为9%，峰值孔隙度为17%，经测量含有凝析气资源。该组包含与欧米茄油气公司峡谷砂岩（Omega Oil and Gas Canyon Sandstone）西侧对应的储层，两者性质相似。这些新增的潜在储层为整合更大的液体和伴生气资源提供了良好的前景，有望成为更广泛的塔鲁姆槽开发计划的一部分。

用于岩石物理评价的截止值与 SprouleERCE 在其 ATP2056 现有 2C 或有资源量估算中使用的截止值相同，并且与 Elixir 之前披露的井结果一致。这些结果将通过物理岩心校准和额外处理进一步完善。Elixir已完成评价程序，接下来将对 Lorelle-3

先导
井的 8-1/2 英寸储层段进行固井，并进行防喷器 (BOP) 测试。随后将开始修建一条 1,000m 以上的水平侧线，进入 Tinowon“unk”油藏并安装套管，为 2026 年第二季度的多级增产和流动测试做准备。

关于 ATP2056 中的 Lorelle-3
Lorelle-3 (L3)（50% EXR 和 L3 评价井的运营商，50%）位于26°58°40.184°、149°29°15.986°的STO及其许可证运营商将分两期钻探。初步钻探的导向孔已钻至总垂直深度3580米，并已采集岩芯和测井数据，用于对塔鲁姆槽（鲍恩盆地）内多个二叠纪砂岩目标层进行扩展评估。导向孔评估计划完成后，Elixir公司计划立即进入钻探活动的第二阶段，其中包括在主要目标层内钻探至少1000米的水平侧钻井，随后进行套管作业并悬挂井筒，以进行增产和生产测试。

从扩展评估活动中收集的数据和岩芯将用于一系列实验和实验室工作，以支持最佳增产方案的设计和实施。Elixir公司计划在2026年6月之前在L3井进行多阶段压裂增产和生产测试。此次侧钻和流量测试旨在验证盆地中心气藏的商业天然气和凝析油产量，并最终可能实现该气藏资源的首次储量转换。

L3评估井的相关成本，包括钻井、取芯、测井、分析、完井、增产和测试等合格活动，将有资格通过Lorelle-3项目根据联邦政府研发税收激励和退税流程获得的“高级发现”获得最高48.5%的退税。L3井

目前是塔鲁姆槽地影响最大的井之一，表明壳牌公司在蒂诺旺砂岩区的主要作业区域向北延伸，并开展了钻探/测试工作。L3井是壳牌公司在塔鲁姆槽地上部西侧区块以外钻探的第一口井，验证了Elixir公司在塔鲁姆槽地拥有的大量区块的价值、质量和重要性。

- The drilling of Lorelle-3 has measured a significant gas and condensate resource within ATP 2056 in Queensland锟絪 Taroom Trough, with multiple hydrocarbon-bearing intervals delivering above expectations.
- Wireline logging of the Lorelle-3 pilot has confirmed four material Permian hydrocarbon bearing reservoirs making up 148m of total net pay which includes:
o 28m of net pay in the Tinowon 锟紻unk锟� Sandstone with porosities up to 13%.
o 60m of net pay in the Lorelle Sandstone with porosities up to 14%.
o 59m of net pay across 6 separate zones in the Kianga Group of Sandstone Reservoirs with porosities up to 17%.
o 1m of net pay in the Overston Sandstone with porosities up to 9%.
- The Tinowon 锟紻unk锟� Sandstone reservoir, which hosts an identified gascondensate resource, has been confirmed as the target for horizontal drilling. Operations are to commence immediately following the plug-back of the 8-1/2锟� hole section.

Elixir Energy Limited is pleased to provide the initial results from the wireline and expanded evaluation campaign at the Lorelle-3 pilot well in ATP2056 within Queensland锟絪 Taroom Trough.

Elixir Energy Limited锟絪 Managing Director & Chief Executive Officer Stuart Nicholls said:
锟絋he initial results from the Lorelle-3 pilot well reinforce Elixir锟絪 position as a holder of some of the most prospective acreage in the increasingly exciting Taroom Trough. Confirmation of the northward extension of the Dunk play, with both thickness and reservoir quality maintained beyond Shell锟絪 core operating area, significantly enhances the Company锟絪 opportunity to demonstrate commercial gas and condensate flow rates from the Lorelle-3 horizontal section, with drilling scheduled to commence imminently.

锟絋he strong upside delivered across the secondary targets represents an outstanding result for the Company, with the Lorelle Sandstone coming in materially above expectations. The interval appears exceptionally thick, laterally consistent and heavily charged with dry gas, highlighting the scale and quality of the resource potential. These results are expected to underpin a recommendation for an accelerated follow-up appraisal program to unlock and test this significant gas opportunity, further enhancing the development potential of Elixir锟絪 broader Taroom position.

锟絀n the near term, our focus remains on executing the Dunk horizontal section, completing our R&D program to optimise multistage fracture stimulation design, and progressing the well through completion and flow testing over the coming months. Success in this program has the potential to support the maiden Reserve booking for both Elixir and the Taroom Trough, a significant milestone for the Company and the play.锟�

Operations Completed
Elixir has successfully completed the wireline and evaluation programs of the 8-1/2锟� section of the Lorelle-3 pilot hole. Density/Neutron, Resistivity, Gamma, Sonic, Image and Nuclear Magnetic Resonance (NMR) logs have been acquired along with whole and side-wall cores across multiple identified hydrocarbon bearing reservoir units.

Along with the log program above, mud-logs and the data captured by the Logging while Drilling tools have been used to evaluate the results of the Lorelle-3 pilot hole which includes 4-individual material gas and condensate bearing reservoirs. In the compilation of the final results, Elixir has had its petrophysical interpretation peer reviewed by SLB. A description and a summary of the results is included below:

Tinowon 锟紻unk锟� Sandstone
The top of the Tinowon 锟紻unk锟� Sandstone (primary target) was recorded at 3,175MDRT with a gross thickness of 56m. The reservoir is measured to be made up of two sand packages of 21m and 32m with a thin 2m coal sitting in-between that is interpreted to be not laterally extensive. The Dunk Reservoir has 28m of net pay and an average porosity of 8% including peaks of 13% which is as expected and is consistent with the Shell well results to the south which have flowed significant quantities of gas and condensate.

The Dunk is measured via mudgas ratios and NMR logs to contain a condensate rich gas resource where 18m of whole core was retrieved from the top of the section which displayed fluorescence in the cuttings.

Lorelle Sandstone
The top of the Lorelle Sandstone (secondary target) was recorded at 3,386 MDRT with a thickness of 125m. The reservoir drilled with a series of strong dry gas shows confirmed by the NMR logs and is measured to include 60m of net gas pay at an average porosity of 7%, including peaks of 14%. The reservoir is measured as exceptionally thick, relatively homogenous in nature and presents a significant future appraisal opportunity. Multiple side wall cores were collected in this reservoir where descriptions have included the observation of some visual porosities.

Overston Sandstone
The top of the Overston Sandstone (also a secondary target) was recorded at 3,284MDRT with a thickness of 102m. The reservoir is measured to contain a gas condensate resource and is made of 1m of net pay with average porosity of 9% with side wall cores being collected over this interval.

Kianga Group
The Kianga Group (tertiary target) was measured at 2,917m MDRT and is made up of 6 separate zones which range between 4m and 16m thick. The group contains a total net pay of 59m with average porosities of 9%, and peaks of 17% and is measured to host gas condensate resources. The group includes the westerly equivalent of Omega Oil and Gas锟� Canyon Sandstone which appears comparable1 . These additional upside reservoirs bode well for the opportunity of aggregating a bigger liquids and associated gas resource as part of a wider Taroom Trough development plan.

The cutoffs used for the petrophysical evaluation are identical to those used by SprouleERCE in their existing 2C Contingent Resource Booking in ATP2056 and consistent with Elixir锟絪 previous well result disclosures. These results will be further refined with physical core calibration and additional processing.

Forward Program
Elixir has completed the evaluation program and will now cement up the 8-1/2锟� reservoir section of the Lorelle-3 pilot hole and conduct a BOP (blow out preventer) test. This will then be followed by the commencement of a 1,000m+ horizontal sidetrack into the Tinowon 锟紻unk锟� Reservoir and installation of casing in preparation for a multi-stage stimulation and flow test in the second quarter of 2026.

About Lorelle-3
Lorelle-3 (L3) in ATP2056 (50% EXR and operator of the L3 appraisal well, 50% STO and operator of the permit thereafter) located at 26锟� 58锟� 40.184锟絊, 149锟� 29锟� 15.986锟紼 is to be drilled in two-phases. Initially the pilot hole which has been drilled to 3,580m total vertical depth has collected core and logs in an expanded evaluation program across the various Permian sandstone targets within the Taroom Trough (Bowen Basin). Upon completion of the pilot hole evaluation program, Elixir intends to move immediately into the second phase of the drilling campaign which will include the placement of at least a 1,000m horizontal sidetrack into the primary target which will then be cased and suspended for stimulation and production testing.

The data and core gathered from the expanded evaluation campaign will lead into a series of experiments and laboratory work that will support the design and execution of an optimal stimulation. Elixir then intends to execute a multi-stage fracture stimulation and production test at L3 prior to June 2026. This sidetrack and flow test is designed to demonstrate commercial flow rates of gas and condensate from the Basin Centred Gas Play and then lead into a possible maiden Reserve conversion of the underlying Resource.

The L3 appraisal well costs associated with its qualifying activities that cover the drilling, coring, logging, analysis, completion, stimulation and testing of the well, will be eligible for up to a 48.5% refund via the Advanced Finding that Lorelle-3 has qualified for under the Federal Governments Research and Development Tax Incentive and tax return processes.

L3 is now one of the highest impact wells in the Taroom Trough demonstrating a northern extension of Shell锟絪 primary area of operations and drilling/testing within Tinowon 锟紻unk锟� Sands. L3 is the first well drilled outside of the Shell acreage on the upper western flank of the Taroom Trough and has validated the value, quality and materiality of Elixir锟絪 substantial Taroom Trough acreage position.