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Elixir Energy (ASX:EXR), a Queensland gas explorer, has had mixed drilling results. In July 2026, SG Hiscock reported Elixir weakened after disappointing initial flow-testing results from its Lorelle-3H well, though it remains confident in the broader Taroom Trough opportunity. In May 2026, SG Hiscock said it established a position in Elixir after investing in Omega Oil & Gas, describing Elixir as one of the best exposures to the Taroom Trough. Elixir Energy operates in the Energy sector within the Oil, Gas and Consumable Fuels industry, and Thesis Tracker has captured 2 comments from 1 fund manager, SG Hiscock & Company. Founded in 2004 and headquartered in Adelaide, Elixir Energy explores for gas in Queensland's Taroom Trough, with its Daydream-2 and Lorelle projects, and has historically held interests in Mongolia, aiming to supply the tight east coast gas market.
Company figures as of 15 Oct 2026. For information only.
Fund managers including SG Hiscock & Company have invested in Elixir Energy Ltd (ASX:EXR).
SG Hiscock highlights Elixir's position in the emerging Taroom Trough gas play, which it views as one of the best exposures to the region.
SG Hiscock notes disappointing initial flow-testing results from Lorelle-3H, which weakened the shares and highlighted exploration risk.
Elixir Energy Ltd. is an oil and gas exploration company headquartered in Adelaide, Australia. Founded on March 3, 2004, the company operates through four segments: Oil and Gas Exploration, Clean Energy, Solar Project, and Other Corporate Activities. Elixir Energy Ltd. focuses on exploration activities across its business segments and provides company and fund manager commentary relevant to investors.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.