Energy
Greenvale Energy Limited (ASX:GRV) is an Australian-based junior explorer focused on creating value through prudent and vigorous exploration of its three key projects, which are as follows:
Alpha Torbanite Project
The Alpha Torbanite Project is located approximately 50km south of the Central Queensland town of Alpha. Alpha Torbanite is an organic-rich sedimentary rock formed in a lacustrine (lake) environment which is extremely rich in hydrocarbons and is one on the highest yielding globally. Its exceptionally high-grade, containing up to 650 litres of hydrocarbons per tonne of torbanite, and can produce high-value bitumen binding products. Using liquefaction low emission processing, Greenvale Energy will become Australia’s only end to end producer of bitumen binding products.
Greenvale Helium Project
The Company, subject to governmental approvals, has the right to acquire a 75% interest in EP 145, a potentially ultra-high-grade helium, hydrogen and hydrocarbon project in the Amadeus Basin in Central Australia. A preliminary technical evaluation for EP 145 commissioned by Mosman Oil and Gas Ltd (AIM:MSMN) in 2022 and undertaken by Geognostics Australia Pty Ltd identified favourable scenarios for all three essential play elements related to viable helium and hydrogen plays.
Greenvale Geothermal Project
The Company’s Geothermal Portfolio comprises of four licences currently under application within the central and north-western region of Queensland, Australia. Of the Company’s geothermal licences, three licences are located within the highly prospective Millungera Basin. An independent geothermal study by the Queensland Government in June 2018 has highlighted the Millungera Basin to be the most prospective geothermal site in Australia. The Company is currently assessing the merits for geothermal power generation in the Millungera Basin.
KEY PEOPLE
RELATED STOCKHEAD STORIES
News
In Case You Missed It: Drilling deals, niobium and a Peruvian project
Energy
Picking the gap: Greenvale Energy is fast becoming Australia’s first end-to-end domestic supplier of bitumen
Energy
Bitumen, helium and Geothermal Energy – Greenvale Energy gets its unique, potentially lucrative ducks in a row
News
In Case You Missed It: Lithium exploration licences and Medicare reimbursement for US medtech play
Energy
Greenvale’s Alpha Torbanite has more muscle after ‘extremely positive’ 51pc resource upgrade
Energy
Energy Quarterly Wrap: ADX gears up for transformational drilling, Conrad agrees terms for potential gas sales
Energy
Resource Rising Stars Summer Series is back and these four energy stocks are on the agenda
News
In Case You Missed It: Lithium and gold project acquisitions and cheaper boron nitride nanotubes
Energy
‘Some of the highest concentrations globally’: Greenvale’s new advanced helium, natural hydrogen play a springboard for growth
News
Market Highlights: Wall Street’s strong rally, Bitcoin surges 4pc, and why health stocks are ones to watch
News
Closing Bell: ASX rises up and Energy stocks rally by 4.14%
News
Rise and Shine: Everything you need to know before the ASX opens
News
ASX Small Caps Lunch Wrap: Who else is thanking their lucky stars they have a fantastic boss?
Mining
Eye on Lithium: Chinese domestic lithium market pricing surged 3.9% in August, nearing all time highs
News
The Ethical Investor: Are our CPAs up to the booming ESG task? We ask CPA Australia’s Jane Rennie
News
Closing Bell: A lithium leak is draining the small cap battery boom
News