Whitebark Energy Initiates Key Survey at Alinya Project

The latest announcement is out from Whitebark Energy Ltd ( (AU:WBE) ).

Whitebark Energy Limited has announced the commencement of a soil geochemistry survey at the Rickerscote Prospect, part of the Alinya Project in Western Australia. This project, which includes significant potential resources of white hydrogen, helium, and oil, aims to position Whitebark at the forefront of clean energy in Australia. The survey, using advanced IVY gas detection sensors, will help identify key emission points and integrate with subsurface data to prioritize future drilling locations, potentially impacting Australia’s energy landscape and supporting the country’s low-emissions future.

More about Whitebark Energy Ltd

Whitebark Energy Limited (ASX:WBE) is an exploration and production company listed on the ASX, focusing on low-cost oil and gas production in Canada through its subsidiary Rex Energy, and a significant gas resource in Western Australia. The company has recently shifted its corporate strategy following management changes and the acquisition of the Wizard Lake asset in Alberta, Canada.

Technical Sentiment Signal: Buy

Current Market Cap: A$1.54M

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