D3 Energy Explores New Helium and Hydrogen Opportunities in South Australia’s Arckaringa Basin

D3 Energy Limited ( (AU:D3E) ) has shared an update.

D3 Energy Limited has announced a new helium and hydrogen exploration initiative in the Arckaringa Basin, South Australia, covering a substantial land area of 5,865 km². The company’s exploration efforts are bolstered by promising geological features, including identified source, seal, and reservoir, as well as mapped basement faults conducive to hydrogen production. This development could enhance D3 Energy’s position in the energy market by tapping into the potential of in-place gas resources, potentially impacting stakeholders by expanding resource availability and advancing the company’s strategic objectives in the helium and hydrogen sectors.

More about D3 Energy Limited

D3 Energy Limited operates in the energy sector, focusing on the exploration and development of helium and hydrogen resources. The company is engaged in identifying and exploiting new energy plays, particularly in South Australia, with a significant emphasis on innovative extraction techniques and strategic land positioning.

Average Trading Volume: 179,826

Technical Sentiment Signal: Strong Buy

See more data about D3E stock on TipRanks’ Stock Analysis page.