15 July 2024
Hot on the heels of the Sue Duroche-3 well Permit to Drill, HyTerra announced the receipt of a second Permit to Drill for the Blythe 13-20 well at Nemaha.
Blythe-13-20 is another prospect within our extensive portfolio of drilling candidates currently being advanced through the permitting stage leading up to a final ranking and selection for the September 2024 drilling campaign.
We are excited about this approval as it not only signifies regulatory confidence in the project but also opens up more opportunities for detailed geological analysis and resource quantification.
Coverage of the announcement by Stockhead, Small Caps and Fuel Cell Works highlight that this second permit is important for scaling up operations and potentially fast-tracking the development of commercial hydrogen production. Successful drilling could position HyTerra at the forefront of natural hydrogen exploration, offering a significant boost to the company.
The well has been sited around 1,400m east of the historic Scott-1 well drilled in 1982, which reported up to 56% Hydrogen in historic analyses. HyTerra has ~6500 net acres of owned and operated lease holdings geologically contiguous to this well.
Overall, the granting of the second drilling permit is a major step forward for HyTerra as we progress towards drilling the Nemaha Project in September.
