H3 Energy Advances Warro Gas and Alinya Oil-Hydrogen Projects with Technical Work and New Farm-In Advisor

Whitebark Energy Ltd ( (AU:H3E) ) has issued an announcement.

H3 Energy’s latest quarter was dominated by technical work and partnership moves across its two flagship projects in Western Australia and South Australia. The company advanced subsurface studies, reservoir reviews and strategic positioning aimed at unlocking gas, oil and potential hydrogen and helium resources.

In the Officer Basin, H3 Energy hired LAB Energy Advisors to run a farm-in process for the Alinya project and help fund the planned Rickerscote-1 well, while new analysis of historic drilling confirmed oil-prone source rocks suited to producing Avgas and diesel. The company also began assessing the wider PEL 81 and PEL 253 permits for hydrogen and helium potential, identifying extensions of the Alinya formation and Pindyin Reservoir that could host free-gas accumulations.

At the Warro Gas Project in Western Australia, H3 Energy continued a comprehensive re-evaluation of the gas field to refine its understanding of reservoir behaviour and commercialisation options. An independent petroleum engineering review by Molyneux Advisors concluded the available engineering data supports the potential for enhanced gas flow rates, a key step toward making Warro a viable development.

More about Whitebark Energy Ltd

H3 Energy Limited is an Australian oil and gas explorer focused on large-scale conventional and unconventional resources in Western Australia and South Australia. The company’s key assets include the Warro Gas Project in the North Perth Basin and the Alinya oil and potential hydrogen-helium project in the Officer Basin, targeting fuels such as aviation gas and diesel that are important for national energy security.

Average Trading Volume: 2,534,367

Technical Sentiment Signal: Sell

Current Market Cap: A$8.6M

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