Oz Elixir to Start Drilling for CBM in Mongolia
Sydney-listed Elixir Energy October 11 announced it will start its 2019 drilling campaign this weekend at the Mongolian coalbed methane project with the spud of the BO-CH-1 chip-hole.
The 2019 programme has been expanded to include two to four stratigraphic chip-holes in addition to the drilling of two firm and fully evaluated core-holes, Elixir said, adding that two rigs will be used and the option to drill a third core-hole remains.
“The commencement of our foreshadowed 2019 drilling campaign is a key step for Elixir’s exploration programme over our very large 100% owned Nomgon IX CBM PSC. The addition of a chip-hole drilling component to the program is a highly cost-effective way of gathering more geological information side by side with the core-holes,” managing director, Neil Young, said.
The Nomgon production sharing contract is located in the Gobi Desert on the Mongolia-China border. The PSC comes with an independently certified risked ‘best case’ prospective resource of 7.6 trillion ft3 and an un-risked ‘best case’ prospective resource of 40 trillion ft3.
Elixir said that the chip-holes will not only be used to gain data about the general geology and confirm coal continuity, but also support and substantiate the recently acquired 2D seismic programme and derisk locations for next year’s drilling programme.