HyTerra wants to raise A$6.1m for a hydrogen and helium drilling programme in Kansas.
The exploration company said it wants its multi-well exploration drilling campaign in Nemaha Ridge to begin in Q3 2024.
HyTerra’s exploration acreage covers over 9,600 acres and is 100% owned and operated. Hydrogen and helium occurrences have been recovered previously from wellbores within these leases.
Specifically, the capital raising will help fund additional geophysical data acquisition, resource evaluations, project generation, prospect evaluation, and commercialisation plans.
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