HyTerra Ltd has enlisted the assistance of advisory services and consultants to initiate an autonomous resource evaluation and formulate a business strategy for natural hydrogen production at the Nemaha Ridge Project, located in Kansas, USA.
This development comes in the wake of the company receiving processed data from an airborne gravity and magnetic geophysical survey conducted by Xcalibur MPH Canada Ltd. The data is currently under review and enrichment by another expert consultant.
The initial data has given HyTerra a glimpse into the subsurface geology of the area, thereby facilitating the beginning of discussions with various advisors.
Operating License Secured
In a concurrent development, HYT Operating LLC, a wholly-owned subsidiary of HyTerra based in the US, has secured an operational license from the state’s regulatory body, the Kansas Corporation Commission (KCC).
This approval enables the company to arrange the necessary regulatory documentation for well designs, moving them closer to the well permitting stage.
In light of this, HyTerra has approached several US-based drilling and operational consultants to estimate exploration well costs.
Related Stories:
- HyTerra Embarks on Resource Evaluation and Business Strategy for Nemaha Ridge Natural Hydrogen Project
- HyTerra Accelerates US Hydrogen Strategy With Significant Lease Acquisitions
Participation in Industry Events
HyTerra, the first company listed on the ASX with a dedicated focus on exploring and producing natural hydrogen, recently made presentations at two significant industry events in the US and England.
The events experienced good turnout, signaling a rise in exploration activities and capital investment in the sector.
The US Department of Energy’s ARPA-E agency hosted a geologic hydrogen workshop in Washington to gather industry participants and technology providers. The focus of ARPA-E is to foster technology that aids in the production of the most economical and lowest emission sources of geologic hydrogen.
Additionally, the Geological Society of London invited HyTerra executive director Avon McIntyre to deliver a keynote speech at the ‘Natural Hydrogen: A New Frontier for Energy Geoscience’ conference, which aimed at deepening the geological understanding and exploring the application for harnessing natural hydrogen.
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