http://www.elixirpetroleum.com/



Elixir Petroleum Limited is an Australian company with a focused strategy of North Sea Exploration. The company is listed on the Australian Stock Exchange (ASX) and on the Alternative Investment Market (AIM) in London.

The company listed in Australia in July 2004 with interests in one UK Licence covering Block 21/6b. Interests in five further UK licences were added in September 2004 as a result of the 22nd UK Licensing Round. One further licence was acquired in December 2004. Elixir currently has interests in 7 UK exploration licences covering 11 North Sea blocks.

Elixir has entered into an agreement with DNO ASA, a Norwegian exploration and production company, for the DNO Group to farmin to Elixir's 100% owned Northern North Sea block 211/22b. The well is expecte to be drilled during 2006.

Elixir's first exploration well spudded on 18th June 2005 on the Marquis prospect in UK Block 21/6b.

RNS's from ELP can be viewed at:

http://www.uk-wire.com/cgi-bin/index?search_type=3&words=elp&go.x=19&go.y=11

Friday June 10, 3:01 PM
Elixir Petroleum: Marquis Spud Date Imminent
Edited Press Release

LONDON (Dow Jones)--Elixir Petroleum Ltd. said Friday that it will shortly spud its first exploration well in the U.K. North Sea.

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Century Exploration, the well operator and farminee, has advised that the Marquis well in Block 21/6 billion could spud as early as Jun. 16 or 17, some two weeks earlier than previous estimates.

The exact timing is dependent on the release of the Bredford Dolphin semi-submersible drilling rig from its current activities with another operator. However on present indications this could be as early as late next week, Elixir said.

Elixir has a 15% interest in Block 21/6 billion and will contribute 10% of the Marquis well costs.

Marquis has the potential to host mid-case reserves of around 144 million barrels of oil, if hydrocarbons are present. It is a Tertiary channel sand prospect on-trend with and updip from the 2.7bn barrel Forties oil field.

The well's planned total depth is 2,000 million and it is expected to take about 17-18 days to drill on a troublefree basis. The primary reservoir objective should be reached around Day 12.


Up 7.27% today on very low volume.

wilbs

Elixir Petroleum Ltd
17 June 2005


17 June, 2005

ELIXIR'S UK PARTNER LISTS ON AIM

Elixir Petroleum Ltd (AIM Code: ELP, ASX: EXR) is pleased to advise that its UK
North Sea alliance partner, Granby Oil & Gas plc, recently listed on the London
AIM market.

Granby (AIM Code: GOIL) successfully raised 10 million and was admitted to AIM
on Wednesday, 15 June. At the issue price of 0.84 Granby is capitalised at
around 21.6 million (A$51.8 million).

Given the difficult market conditions experienced over recent weeks and the
adverse publicity surrounding a number of AIM stocks, Granby's capital raising
is a strong endorsement of the Granby-Elixir North Sea exploration portfolio.

With both Elixir and Granby adequately funded following their respective AIM
listings, Elixir looks forward to pursuing joint exploration activity across the
existing 22nd Round blocks and hopefully within successful applications from the
current 23rd Round.

wilbs

Elixir Petroleum Ltd
17 June 2005


16 June, 2005

COMPANY PRESENTATION


Elixir Petroleum Ltd's (AIM Code: ELP, ASX: EXR) Managing Director Russell
Langusch is making a presentation to Australian Investors during briefings over
the next two weeks. The Company presentation can be accessed via the Company's
website
www.elixirpetroleum.com
wilbs

Up 6.78%.

Up 10.17%.

13.56%

Shares in Elixir Petroleum added 4p at 33p after the firm revealed its managing director Russell Langusch is making a presentation to Australian Investors during briefings over the next two weeks.

The firm was also supported by news that its UK North Sea alliance partner, Granby Oil & Gas, recently listed on the Aim market.


http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=401469&in_page_id=3
wilbs

Doh!!!! Wrong thread!!!!

verbal diarrhea or what, and about as nuch talent as a bowlful- dozens of posts to himself and no replies, well bar this , what do they do with their lives?

Hows the short going?

seaquestor, you watch ELP & BOR in the next few months... Theres only one way they are going... Do your own research.......

edit... and the FTSE. Do some research, you will see!!!!!!!!!!!!!!!!!!!!

stick to your fishing, I bet your no good at that either!!!!!

Elixir Petroleum Ltd
20 June 2005




MARQUIS EXPLORATION WELL SPUDS



Elixir Petroleum Ltd (AIM Code: ELP, ASX: EXR) is pleased to advise that its
first North Sea exploration well on the Marquis prospect located in UKCS Block
21/6b has commenced drilling.


Well 21/6b-6 was spudded on 18 June 2005 by the Bredford Dolphin
semi-submersible drilling rig and is operated by Century Exploration (UK)
Limited. As at 6am on 19 June, the well had been drilled to a depth of 198m BRT
(below the rig rotary table).


The well has a planned total depth of 2,000m and is prognosed to take around 18
days to drill. The primary objective, the Palaeocene Forties-Balmoral sands, is
interpreted to be reached at a depth of approximately 1,600m or around Day 12 in
the drilling program.


The well is being drilled as a low cost finder well and will not be flow tested.


Elixir does not intend to make further announcements until the target zone is
intersected, unless significant hydrocarbons are encountered in the interim.


The Company has a 15% interest in Block 21/6b and is contributing 10% of the
Marquis well's estimated total cost of about 3.7 million (A$8.9 million).

Up 2.99% and further to go today.
wilbs

spread 8+%, further to go today?-geddoutahere you fool.

PCF Last week issues an RNS stating that they had been approached in the early stages of a bid. The current valuation is way to low and is about to rocket with the full bid any day. The company is moving back into profit and several broker/tipster recommended it as a buy prior to the bid news

On top of this there is a rumour of a second bidder in the wings going about

This will reach new highs this week, now is the time to get in before it heads toward 100p, current sp is 32p

IMHO

I got in last week at 30.25p.

ROFLMFAO!!!!!!!!!

Elixir confident of North Sea oil
June 20, 2005 - 6:29PM

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North Sea oil and gas explorer Elixir Petroleum Ltd is confident one of the five projects it plans to drill over the next two years could be a company maker.

Elixir will spend five to nine million pounds sterling drilling these wells, including the Marquis prospect which was spudded on Saturday.

Managing director Russell Langusch said there had been a discovery drought for Australian explorers and was hoping the next discovery would be Elixir's.

"We are drilling prospects that have a got a chance of success of about one in five on average. If we drill five wells, one of them will hopefully work," Mr Langusch said at an investor briefing.

The Marquis prospect was the sole asset of the company when it listed on the Australian Stock Exchange last July, raising $3.3 million.

Mr Langusch said there could be 100-150 million barrels of oil at Marquis.

"There is very little risk that it is not there," he said.

If the current testing renders positive results, Elixir could be a producer within six to 12 months.

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AdvertisementIf the project proved to be bigger than originally thought and warranted the construction of a platform, the lead time to production would be extended to two to three years.

Marquis is located close to the Forties pipeline, controlled by BHP Billiton and currently running at about one third capacity.

Elixir had already been approached by BHP to consider using the pipeline but Mr Langusch said he hadn't ruled on any transportation methods, including the possibility of a floating processing plant.

He also said Elixir was not wedded to the idea of becoming a producer and would consider selling any project.

Since its ASX listing, Elixir has reduced its exploration risk by acquiring more prospects in the North Sea region.

It hoped to increase its holding again when the next round of licences were awarded by the British government, expected within the next few months.

It has applied for licences both on its own, and in conjunction with UK-based Granby Enterprises.

In line with its business model, Elixir will conduct early work on any licences it is awarded and farm them out.

Mr Langusch said Elixir would ideally hold between 15 and 30 per cent of any prospective project.

It has already farmed out its wholly owned Jaguar prospect with Norwegian company DNO.

The Jaguar prospect will be drilled next year as part of a bigger program by DNO.

http://www.smh.com.au/news/Business/Elixir-confident-of-North-Sea-oil/2005/06/20/1119250923995.html?oneclick=true

wilbs