Whitebark Energy Ltd (AU:WBE) has released an update.
Whitebark Energy Limited, an Australian gas and renewable energy company, is actively realigning its business to capitalize on the country’s growing demand for renewable energy. They are focusing on geothermal energy opportunities, particularly in the Warro field and permit areas EPG2037 and EPG2049, working closely with CeraPhi Energy to enhance their geothermal technology capabilities. The company aims to leverage strategically located assets with high demand potential, such as green hydrogen production, to ensure commercial viability and near-term cash flow.
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