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Triple Energy Limited ( (AU:HYT) ) has shared an update.
HyTerra Limited has reported promising results from its McCoy 1 well in the Project Nemaha acreage, where elevated hydrogen and helium gas shows were recorded during swabbing operations. The company plans to conduct a production test in 2026 to further assess the gas composition and flow potential, following successful gas sample analyses from multiple wells. This development marks a significant step in HyTerra’s exploration efforts, potentially enhancing its position in the hydrogen and helium energy market.
More about Triple Energy Limited
HyTerra Limited is a company operating in the energy sector, focusing on the exploration and production of hydrogen and helium gases. The company is engaged in projects that involve drilling and testing wells to evaluate the flow potential of these gases, particularly in the Precambrian basement formations.
Average Trading Volume: 1,516,271
Technical Sentiment Signal: Hold
Current Market Cap: A$43.36M
For detailed information about HYT stock, go to TipRanks’ Stock Analysis page.