ASX-listed Whitebark Energy is transitioning from traditional oil and gas activities to focus on green hydrogen and renewable energy. A deal with Conflux Energy Corp involves selling a 90% interest in Wizard Lake oil and gas assets in Alberta. Whitebark plans to retain a 10% working interest in the Alberta operations. The company aims to produce green hydrogen through geothermal energy in Queensland's Cooper Basin. Management sees potential in utilizing geothermal sources and existing oil and gas wells to establish a 'Hydrogen Highway.' Additionally, Whitebark is engaging with the Australian Government to access funding support for renewable hydrogen projects, capitalizing on initiatives like the $11.2 billion renewable hydrogen asset development fund and the $2 billion Hydrogen Headstart initiative. The company's strategy includes shifting focus towards domestic renewable energy development, particularly in geothermal exploration, with the goal of becoming a pioneer in commercial geothermal production in Australia.