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HyTerra Limited Advances Exploration at Nemaha Project

Story Highlights

Triple Energy Limited ( (AU:HYT) ) just unveiled an announcement.

HyTerra Limited has commenced its exploration program at the Nemaha Project in Kansas, USA, with the successful spudding of the Sue Duroche 3 well over the Easter weekend. The drilling, which is currently on time and budget, aims to explore natural hydrogen and helium concentrations. Additionally, a seismic survey is underway to support future prospect analysis and drilling locations, with data collection and processing expected to continue for several weeks.

More about Triple Energy Limited

HyTerra Limited, trading as ASX: HYT, operates in the energy industry with a focus on exploring and unlocking the potential of natural hydrogen resources. The company is advancing its exploration efforts through its subsidiary, HYT Operating LLC, particularly in Kansas, USA, supported by strategic investment from Fortescue Future Industries Technologies Pty Ltd.

YTD Price Performance: -5.00%

Average Trading Volume: 1,235,869

Technical Sentiment Signal: Sell

Current Market Cap: A$62.09M

See more insights into HYT stock on TipRanks’ Stock Analysis page.

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