Energy Club NT - Top End Energy: High Natural Hydrogen/Helium Prospectivity Potential in NT

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Top End Energy: High Natural Hydrogen/Helium Prospectivity Potential in NT

Top End Energy: High Natural Hydrogen/Helium Prospectivity Potential in NT

21 Apr 2023 2:50 PM | Stephanie Berlin (Administrator)

Top End Energy Limited (Top End or the Company) (ASX:TEE) is pleased to provide an update on its natural Hydrogen screening study (the Study) covering its prioritised asset portfolio in the Greater McArthur Basin in the Northern Territory.

HIGHLIGHTS

Phase I natural Hydrogen assessment completed including interpretation of source potential, migration, leakage and retention over key permits in the Northern Territory

Highly prospective play fairways for natural Hydrogen identified across Company’s prioritised NT acreage

Key systems elements interpreted to be present for natural Hydrogen are also encouraging for the exploration of Helium, a valuable end product in short global supply

Opportunity to conduct on-ground surveys tailored to natural Hydrogen and Helium on the back of Greater McArthur Basin licence awards

Further develops the Company’s strategy of pursuing clean end products to complement existing focus on exploring for natural gas as a key transitional fuel

Q2 2023 grant of Exploration Permit (EP) 258 anticipated following approval of native title holders to enter into exploration agreement with the Company

To view full ASX Announcement, click here.

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