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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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