Elixir Petroleum Limited says that the two locations staked at its Petra Project in Colorado's DJ Basin now have approved drilling permits from the Colorado Oil and Gas Conservation Commission.
The drilling permits are valid for a period of two years commencing on 5 August 2015.
The Prospective Resource calculation for the Petra Project is expected to be completed and the results announced to ASX within the week. The report is being prepared by a Denver based geologist who has had extensive experience in the part of the DJ Basin where the Petra Project is located.
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Elixir Petroleum Limited
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