Large scale gas re-development projects in Australia
The Company, its consultants and the CPR have evaluated the potential of EPA155 Mt. Winter and the EP513 Hussar to host significant helium and hydrogen accumulations.
The CPR details the Prospective (recoverable) Resources in 1U, 2U and 3U categories in defined seismic closures which have been drilled almost to the proposed top of the relevant hydrogen, helium and natural gas reservoirs.
The Townsend Formation in the Officer Basin is the lateral Officer Basin equivalent of the Heavitree Formation in the Amadeus Basin, and although it has not been drill tested to date, given the Neoproterozoic sections of both the Amadeus & Officer Basins were synchronous during the evolution of the Centralian Superbasin, it is considered axiomatic geologically that similar concentrations of hydrogen, helium and natural gas will be produced in the Company’s Officer Basin acreage.
The Heavitree Formation in the Amadeus Basin, where successfully penetrated, has flowed gases with unusually high concentrations of both Hydrogen and Helium, up to 11% hydrogen and 9% helium, among the top 5% of concentrations in the world discovered to date.
Officer Basin EP513 Hussar
Hussar as a potential in-situ value of US$55bn of helium and hydrogen, and US$5.24bn of of natural gas. As of March 2025, our team arrived on site to complete the updated Environmental Impact Survey “EIS2” and Heritage Reports to secure drilling approval.
Amadeus Basin EP155 Mt Winter
EPA155 lies within the highly prospective Horn Valley Siltstone fairway with proven hydrocarbon potential as demonstrated by historical wells, Mt Winter-1 & 1A. Exploration data comprises a 2D seismic grid and 2 wells.