HyTerra acquired >7,500 acres of leases, with 100% working interest, on the Nemaha Ridge in Kansas, USA. Nemaha Ridge has at least 10 natural hydrogen occurrences within proximity to industries, infrastructure, and end-users. HyTerra plans to conduct a focused exploration program in 2023 to rapidly develop a portfolio of prospects, including geophysical surveys, resource assessments, and well design and permitting. It aims to expand its lease holdings and has been progressing activities at its joint development project, Project Geneva, in Nebraska. HyTerra also intends to raise funds through a placement of up to A$2.5 mm.
HyTerra Expands Natural Hydrogen Portfolio with Nemaha Ridge, USA
Updated: Nov 23, 2023