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Triple Energy Limited ( (AU:HYT) ) has issued an update.
HyTerra Limited has initiated clean-up operations at its McCoy 1 well and observed promising gas shows at its Sue Duroche 3 and Blythe 13-20 wells. The company is planning a production testing program based on these encouraging results, which could enhance its operational capabilities and market positioning in the natural gas sector.
More about Triple Energy Limited
HyTerra Limited operates in the energy sector, focusing on the exploration and appraisal of natural gas resources. The company is engaged in developing appraisal wells to assess the inflow potential of gas from the Pre-Cambrian basement sections.
Average Trading Volume: 1,649,967
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$30.02M
See more insights into HYT stock on TipRanks’ Stock Analysis page.