Triple Energy Limited ( (AU:HYT) ) just unveiled an announcement.
HyTerra Limited has announced significant findings from its Sue Duroche 3 well, revealing hydrogen concentrations of up to 96.1% in mud gas samples. These results not only confirm historical data from the nearby Sue Duroche 2 well but also suggest a promising hydrogen play in the area. The well was drilled successfully on time and budget, with no health, safety, and environmental incidents. Elevated helium readings were also detected, and further analysis is underway to verify and quantify these findings. This development marks a significant step in HyTerra’s exploration efforts, potentially enhancing its positioning in the hydrogen exploration industry.
More about Triple Energy Limited
HyTerra Limited, operating under the ticker ASX: HYT, is engaged in the exploration of natural hydrogen resources, specifically focusing on the Nemaha Project in Kansas, USA. The company is executing a 12-month exploration program through its subsidiary HYT Operating LLC, funded by Fortescue Future Industries Technologies Pty Ltd.
YTD Price Performance: -15.00%
Average Trading Volume: 1,094,815
Technical Sentiment Signal: Buy
Current Market Cap: A$55.55M
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