Elixir Energy
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Elixir Energy (EXR) investor relations material

Elixir Energy H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary24 Feb, 2026

Executive summary

  • Focused on executing the Taroom Trough Strategic Plan, including key leadership appointments and operational readiness for major drilling campaigns at Lorelle-3 and Diona-1.

  • Achieved all operational objectives for the half-year, positioning for significant drilling and testing results.

Financial highlights

  • Net loss from continuing operations after tax was $2,022,135, up $218,940 year-over-year, mainly due to higher share-based payments and corporate costs, partially offset by lower interest expense.

  • Cash balance at 31 December 2025 was $20,575,342, up from $6,576,021 at June 2025, reflecting a $3.9 million R&D tax refund and $14 million capital raise.

  • Total assets increased to $43,905,713 from $28,804,079 at June 2025.

  • Share capital increased to $165,676,801 following new share issues.

Outlook and guidance

  • Well-funded for upcoming drilling and testing, with Phase 2 of the Strategic Plan underway, targeting maiden reserves and accelerated development.

  • Lorelle-3 appraisal well campaign commenced post-period, aiming for commercial flow rates and reserve conversion.

  • Diona-1 flow testing scheduled for end Q1 CY26, with potential for rapid tie-in and early production.

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Q3 202625 May, 2026
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Frequently asked questions

Elixir Energy Limited is an Australian energy exploration and development company focused on natural gas, with key projects in Mongolia. The company’s flagship project, the Nomgon Coal Bed Methane Project, is located in the South Gobi region of Mongolia, where Elixir Energy conducts exploration and appraisal activities to assess the commercial viability of producing coal bed methane. The project aims to develop a domestic energy source for Mongolia, reducing reliance on imported fuels and supporting cleaner energy initiatives. Elixir Energy Limited is headquartered in Adelaide, Australia, and its shares are listed on the ASX.

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