Elixir Energy (ASX:EXR) said it is in talks with Beach Energy (ASX:BPT) over a potential strategic farm-in to Elixir's Taroom Trough portfolio in Queensland, according to a Thursday filing with the Australian bourse.
Elixir has provided hard exclusivity to Beach Energy until Oct. 1 to facilitate the negotiations and due diligence, but warned that there is no assurance of any deal materializing.
The company issued the statement in response to a report by The Australian.
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