Elixir Petroleum Limited is an Australia-based oil and gas exploration company. The Company is focused on conventional oil and gas exploration in the United States and Europe. The Company operates through two segments: oil and gas exploration in France and oil and gas exploration in the United States of America (USA). The Company's portfolio includes Petra Project in Colorado, the United States. The Petra Project is an oil and gas field, and exploration project. The Company, through its subsidiary Elixir Petroleum (Petra) LLC, owns a 50% working interest across all leases in over 30,000 net acres in Washington County, Colorado, the United States. The Company's Pompano Project is also an oil and gas field, and exploration project. The Moselle Permit is located in north-eastern France in the Saar-Lorraine Basin. The Company's subsidiaries include Elixir Petroleum (Australia) Pty Ltd, Elixir Petroleum (Moselle) Ltd, Cottesloe Oil & Gas LLC and Cottesloe Oil & Gas Inc.