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HyTerra turns to Rift Play after McCoy-1 test disappoints
4:29pm on Thursday 29th of October, 2026 AEDT
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HyTerra turns to Rift Play after McCoy-1 test disappoints
4:29pm on Thursday 29th of October, 2026 AEDT
Key Points
McCoy-1 recorded approximately 0.1 Mscf/d gas flow over 14 days
Air-corrected gas contained 2.8% helium and 0.4% hydrogen
Second-zone testing deferred as HyTerra reassesses the Ridge Play
A$4.66 million cash balance equates to 3.57 quarters of reported funding
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