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The latest announcement is out from Pure Hydrogen Corporation Limited Registered Shs ( (AU:PH2) ).
Pure Hydrogen Corporation Limited has received formal approval from the Queensland government for a 15-year Potential Commercial Area (PCA) over its Windorah Gas Project in the Cooper Basin. This approval, along with the extension of the ATP 927 permit, marks a significant milestone for the company, supporting its plans to spin out its Australian gas assets into a separate entity, Eastern Gas. The approval follows a comprehensive 22-month regulatory process and positions Pure Hydrogen to advance its gas development initiatives, with a contingent 2C gas resource of 330 BCF already defined at Windorah.
More about Pure Hydrogen Corporation Limited Registered Shs
Pure Hydrogen Corporation Limited is an Australian clean energy company focused on the development and production of hydrogen and gas resources. The company operates in the energy sector, with a primary focus on hydrogen and gas projects, particularly in the Cooper Basin region of Queensland.
Average Trading Volume: 363,732
Technical Sentiment Signal: Sell
Current Market Cap: A$28.38M
Learn more about PH2 stock on TipRanks’ Stock Analysis page.