Elixir Petroleum Limited has completed the acquisition of a proprietary 2D seismic survey on the Petra Project in Washington County, Colorado. Approximately 35 kilometres of seismic acquisition was completed with no incidents, on time and within budget.

Based on the quality assurance undertaken during the shooting of the survey, the data quality is considered good to very good and conditions for the acquisition were ideal, with winter conditions providing a good seismic response. The majority of the acquisition was completed using two vibroseis vehicles and was shot predominantly over unsealed County roads.

The data is currently being processed and integration of the new data into the Company's expanding data set will be completed mid to late March 2015. The detailed interpretation of the new data together with the existing data set will further enhance Elixir's understanding of the structures in this core area of the Petra Project.

Tags: Elixir Petroleum Limited