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Elixir to start gas exploration in South Gobi Desert

THE Nomgon IX Production Sharing Contract between Golden Horde and the Mongolian government has finally been signed after almost a year of delays, clearing the way for an imminent takeover from Perth junior Elixir Petroleum.

Paul Hunt
Elixir to start gas exploration in South Gobi Desert

  Elixir's takeover of Golden Horde, which is expected to close in mid-November, has been contingent on the company being awarded the PSC from the government for seven million acres of coal seam gas...

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