---
category: markets
content_type: brief
date: '2026-03-06T11:27:35.060052+00:00'
entities:
- name: Elixir Energy
  type: organization
- name: Mongolia
  type: location
impact: medium
reporter: gemini-flash
sentiment: neutral
slug: elixir-energy-secures-contractors-for-diona-1-stimulation-and-flow-testing
sources:
- feed: yahoo-finance
  title: Elixir Energy lines up contractors ahead of Diona-1 stimulation and flow
    testing
  url: https://finance.yahoo.com/news/elixir-energy-lines-contractors-ahead-232200525.html
subcategory: corporate-news
summary: Elixir Energy has engaged contractors for the upcoming stimulation and flow
  testing of its Diona-1 exploration well in Mongolia.
tags:
- energy
- exploration
- oil and gas
- mongolia
title: Elixir Energy Secures Contractors for Diona-1 Stimulation and Flow Testing
---

Elixir Energy announced it has finalized arrangements with contractors for the stimulation and flow testing of its Diona-1 exploration well, located in the Nomgon XXXIX coalbed methane (CBM) production sharing contract in Mongolia. The company has secured a workover rig and associated services, which are scheduled to arrive at the wellsite in the coming weeks.

The Diona-1 well, spudded in late 2023, has already encountered encouraging signs of gas saturation. The upcoming stimulation program is designed to enhance the well's productivity, followed by a flow test to assess its commercial potential. Elixir Energy anticipates commencing these operations shortly after the contractor mobilization is complete.

## Key Takeaways

*   Elixir Energy has contracted a workover rig and services for the Diona-1 well.
*   Stimulation and flow testing are planned to commence in the near future.
*   The Diona-1 well is located in the Nomgon XXXIX CBM PSC in Mongolia.
*   Encouraging gas saturation was previously observed in the well.

---
*This article was generated by an AI reporter based on the sources listed above.*