HyTerra kicks off drilling in time for Easter surprise

• HYT to spud first well at Nemaha hydrogen and helium project in Kansas over Easter weekend
• Drilling will start at Sue Duroche 3 well before moving to Blythe 13-20
• A third well may also be drilled at the company’s discretion

Special Report: HyTerra is gearing up to drill two wells at Nemaha hydrogen and helium project in Kansas, USA, the first steps in a comprehensive 12-month program seeking to unlock the natural (white) hydrogen potential.

White hydrogen is generated naturally by the earth, has much lower production costs and carbon emissions than man-made hydrogen and has potential as a low-carbon feedstock or fuel.

Notably, the Nemaha project is in the centre of a major industrial and manufacturing hub between Kansas City and Wichita.

The project is in proximity to existing railways, roads and pipelines that connect it to a list of nearby potential offtakers including ethanol and ammonia manufacturers and petrochemical plants, all of which use hydrogen in their processes.

Spudding of the Sue Duroche 3 well is expected to begin over the Easter weekend, with drilling, logging and sampling expected to take 2-3 weeks to complete.

The objectives of HyTerra (ASX:HYT) at the well include:

• Drilling the sedimentary and pre-cambrian basement sections;
• Confirming the presence and concentrations of hydrogen and/or helium in subsurface formations (via mud gas readings and gas samples); and
• Evaluating the quality and characteristics of the reservoir rocks via detailed wireline logs and downhole sampling.

Drilling two wells back-to-back

Sue Duroche 3 is the first of two back-to-back wells being drilled as part of HYT’s first stage exploration program. The well is around 200m from the historical Sue Duroche-2 well which reported up to 92% hydrogen and 3% helium in 2009 drilling.

Next up is the Blythe 13-20 well and there remains an option to drill a third well at the company’s discretion.

Meanwhile, the company continues infill leasing for contiguous acreage, having increased its lease acreage from 9,607 to now more than 72,500 acres – securing a competitive foothold in theUSA’s hydrogen heartland.

This article was developed in collaboration with HyTerra, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.