The two-mile-one-furlong contest at the Devon track on November 7 is one of two Grade Two options the Norton handler is considering for the six-year-old, along with the Shloer Chase over a furlong shorter at Cheltenham later in the month.
After finishing second in a Grade One at Aintree on his final start last season, the Phil Martin-owned gelding made a winning return to action on Sunday when conceding weight all round in a valuable handicap chase at Kelso.
Ellison said: "He was very good at Kelso. He had been working well, but it is always difficult giving weight away to good horses.
"It was a good performance. He was brilliant with his jumping and he never missed a beat. We picked the race out a while a go and now we have just got to have a look at what we do next.
"We are looking at the Haldon Gold Cup and the Shloer Chase. Being that he has won around Kelso, the track at Exeter shouldn't be a problem. I will have a word with Phil Martin and see what he wants to do.
"I don't see any reason why we would want to go up in trip as he is fast enough for two."