Latest Hydrogen Exploration News

HyTerra says it has cut recurring corporate overheads by 30% before new initiatives, or 21% after including them, while reshaping its board and management. The geologic hydrogen explorer is also seeking approval for a 20:1 share consolidation and progressing a sponsored US ADR program without raising new capital.

HyTerra's McCoy-1 well production test in Kansas reveals low gas saturation but notable helium concentrations, prompting a pause on further testing at the site as the company refines its geologic hydrogen strategy.

Prominence Energy has validated elevated helium and natural hydrogen levels in South Australia, backed by independent lab and satellite data, while securing $1.56 million to fund its next exploration phase targeting mid-2027 drilling.

HyTerra has raised $1.95 million through its Shortfall Offer, issuing 139 million shares at 1.4 cents each to support upcoming production testing and drilling activities.

Thor Energy’s latest soil air geochemistry survey at its HY-Range Project in South Australia has recorded natural hydrogen concentrations up to 3%, far surpassing previous readings and validating key exploration areas ahead of a major seismic survey.

Macallum New Energy has expanded its exploration prospects in the underexplored southern North Perth Basin with a new oil and gas prospect, Aberfeldy, and plans to pursue helium and hydrogen exploration following recent regulatory changes.

HyTerra Ltd has issued 290 million shares through a non-renounceable rights issue, raising $4.07 million, falling short of its $7 million target and leaving a sizeable shortfall of over 209 million shares.

Thor Energy secured A$6.56 million from the Molyhil sale, expanded its natural hydrogen portfolio with new Otway Basin licences, and advanced its HY-Range Project geochemistry survey during Q1 2026.

HyTerra Ltd is progressing its flagship Nemaha hydrogen project with a key production test planned for Q2 2026, while expanding its global footprint through strategic partnerships and a $7 million capital raise.

HyTerra Ltd is raising up to $7 million through a non-renounceable entitlement offer to fund leasing, drilling, and data acquisition as it advances its geologic hydrogen projects.

HyTerra Limited has partnered with Omani operator ARA Natural Resources to explore geologic hydrogen opportunities in Oman’s Semail Ophiolite, aiming to pioneer commercialisation in a promising low-carbon energy frontier.

Prominence Energy has begun preparatory work for its first geochemical survey in South Australia's PEL 803, aiming to detect natural hydrogen and helium as part of the Gawler Hydrogen Project.