HyTerra

Dr. Eric Toone the Technical Lead, Investment Committee, Breakthrough Energy Ventures shares his insights on the role geological hydrogen could play in revolutionising the energy sector. He says ‘hydrogen is pure reactive chemical energy. If I have enough hydrogen and its cheap enough I can do anything – make materials, make steel, make fuel etc. Cheap means $1/kg or less.’ ‘Make no mistake, this is the most important discovery in energy in our lifetime and probably the most important discovery and energy in our children’s lifetime…’ A great watch https://lnkd.in/gYfK5aZm

In this article, Doomberg takes another look at geologic hydrogen. They discuss the historical context and potential future impact of geologic hydrogen as a significant energy breakthrough. Drawing parallels to the shale gas revolution of the mid-2000s, the article outlines how soaring natural gas prices and concerns over peak oil led to innovations in drilling techniques. Similarly, the article explores the emerging interest in natural hydrogen. Initial skepticism around its commercial viability is reminiscent of early doubts about shale gas. However, recent advancements and ongoing research have fostered a growing optimism about its potential. The article notes that if these claims hold true, geologic hydrogen could introduce a new carbon-free primary energy source into the global fuel mix, significantly impacting the energy landscape. HyTerra’s focus on exploring and developing natural hydrogen resources aligns perfectly with the article’s insights. Our efforts at Nemaha, where we will be drilling in September, position us at the front of this potential energy revolution. https://lnkd.in/gCSZtqvc

The company is yet another step closer to unlocking the potential of our Nemaha natural hydrogen and helium project after selecting Murfin Drilling Company as our drill contractor. Given white hydrogen’s potential as a “game-changer”, HyTerra is very excited to have announced that drilling is set to get underway at Nemaha in September. Murfin is widely recognised as the largest drilling and well services contractor in Kansas and we are very pleased to be working with a top-tier partner. The countdown to drilling and unlocking the potential of the Nemaha Project has now begun. Keep reading on our website https://lnkd.in/gVY_Caar

Hot on the heels of the Sue Duroche-3 well Permit to Drill, HyTerra announced the receipt of a second Permit to Drill for the Blythe 13-20 well at Nemaha. Blythe-13-20 is another prospect within our extensive portfolio of drilling candidates currently being advanced through the permitting stage leading up to a final ranking and selection for the September 2024 drilling campaign. We are excited about this approval as it not only signifies regulatory confidence in the project but also opens up more opportunities for detailed geological analysis and resource quantification. Coverage of the announcement by Stockhead, Small Caps and Fuel Cell Works highlight that this second permit is important for scaling up operations and potentially fast-tracking the development of commercial hydrogen production. Successful drilling could position HyTerra at the forefront of natural hydrogen exploration, offering a significant boost to the company. The well has been sited around 1,400m east of the historic Scott-1 well drilled in 1982, which reported up to 56% Hydrogen in historic analyses. HyTerra has ~6500 net acres of owned and operated lease holdings geologically contiguous to this well. Overall, the granting of the second drilling permit is a major step forward for HyTerra as we progress towards drilling the Nemaha Project in September. https://lnkd.in/gefJCZhj

HyTerra recently announced the granting of a Permit to Drill from the Kansas Corporation Commission (KCC) for the Sue-Duroche-3 well at the company’s fully-owned flagship Nemaha Project. This is a crucial milestone for the company as it matures several potential drilling locations, paving the way for us to continue towards drilling the Project in September. Continue reading on our website https://lnkd.in/gCNmGsi9

HyTerra has released its Quarterly Report for the quarter ended 30 June 2024. Download our Quarterly Report here https://lnkd.in/gDBgGDgj Highlights Fully funded for the upcoming Exploration drilling campaign after a successful placement and underwritten rights issue raising approximately A$6.1 million (before costs). >30% increase to the 100% owned and operated Nemaha Project lease holdings. Post Quarter Drilling operations to commence in early September at Nemaha Project. Murfin Drilling Company appointed as the drilling contractor. Drill permits received from the Kansas Regulator for the Sue Duroche-3 and Blythe 13-20 wells. Additional well locations have been surveyed. Sue Duroche-3 and Blythe 13-20 well programs have deeper targets to test. Dr Dirk Smit, former Chief Scientist of Shell, was appointed as Chief Geophysicist.

Great interview with Morten Stahl on energynews.biz. Morten Stahl founded and runs Natural Hydrogen Ventures which is the worlds first natural hydrogen focussed investment fund. Morten addresses some some of the frequent questions we also get at HyTerra. One of our Executive Director’s Benjamin Mee had the pleasure of sharing the stage with Morten at the recent FT Live Hydrogen Summit in London. Enjoy the interview! https://lnkd.in/gZVbej7T #naturalhydrogen #cleanenergy #renewableenergy #climatechange #investing #hydrogeneconomy #H2EnergyNews.biz #whitehydrogen #HyTerra #MortenStahl

ASX Alert! HyTerra is pleased to announce that Murfin Drilling Company, Inc. has been contracted to drill wells for HYT Operating LLC, a 100% owned subsidiary of HyTerra Ltd. The proposed wells in this campaign will be drilled on 100% owned and operated leases within the Nemaha Project in Kansas, USA. Highlights HyTerra intends to start drilling operations early September 2024. Murfin Drilling Company has been selected as the drilling contractor for the Nemaha Project. Murfin Drilling Company was founded in 1926 and is one of the leading drilling companies in the USA Midwest, having drilled over 20,000 wells. Permits to Drill for two well sites have been received to date from the Kansas regulator. Read the full announcement here https://lnkd.in/g93isYBB

HyTerra has appointed former Shell Chief Scientist and globally renown geophysicist, Dr Dirk Smit as Chief Geophysicist. Dirk brings tremendous passion to unlocking the potential of white hydrogen. Read the full announcement here https://lnkd.in/gMx4Ddhv Dirk Smit #HyTerra #ASX #WhiteHydrogen

HyTerra via its 100% owned and operated subsidiary HYT Operating LLC, has received a Permit to Drill from the Kansas Corporation Commission for the Blythe 13-20 well at the company’s fully-owned flagship Nemaha Project. The well has been sited around 1,400m east of the historic Scott-1 well drilled in 1982, which reported up to 56% Hydrogen in historic analyses. HyTerra has ~6500 net acres of owned and operated lease holdings geologically contiguous to this well. Read the full announcement here https://lnkd.in/gcHfdXJU