Mongolia clears way for Elixir takeover

MONGOLIA’S CABINET has awarded the Nomgon IX product sharing contract to Golden Horde, laying the way for a full takeover from Australian junior Elixir Petroleum.

Mongolia clears way for Elixir takeover Mongolia clears way for Elixir takeover Mongolia clears way for Elixir takeover Mongolia clears way for Elixir takeover Mongolia clears way for Elixir takeover
 
The takeover of Golden Horde has been contingent on the company being awarded the PSC from the government for seven million acres of coal seam gas acreage in the Southern Gobi Desert.
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