Gold Hydrogen Achieves Remarkable Results in Ramsay Well Testing
Key Ideas
- Gold Hydrogen Ltd completes Stage 1 well testing at Ramsay Project in South Australia, revealing world-leading natural hydrogen and helium purity levels.
- Seven zones in Ramsay 2 confirm high purity levels of natural hydrogen (up to 95.8%) and helium (up to 17.5%), marking pioneering results in the industry.
- Stage 2 testing planned to determine flow rates, optimize well designs, and contribute to the design of a natural hydrogen and helium pilot plant.
- Company aims to produce natural hydrogen and helium at commercial levels, showcasing significant potential for future exploration and production in the Ramsay Project.
Gold Hydrogen Ltd has completed Stage 1 well testing at its Ramsay Project in South Australia, achieving remarkable results. The Ramsay 1 and Ramsay 2 wells returned world-leading natural hydrogen and helium purity levels at 17.5% helium and 95.8% for natural hydrogen. This testing program is the first of its kind in Australia, focusing on natural hydrogen and helium. The results confirmed purity levels up to 95.8% hydrogen across seven zones in Ramsay 2, with potential for even higher purity levels. The company will proceed to Stage 2 testing to determine flow rates, optimize well designs, and plan for a natural hydrogen and helium pilot plant. Gold Hydrogen aims to produce these gases at commercial levels, showcasing significant potential for future exploration and production in the Ramsay Project.
Topics
Investing
Innovation
Natural Resources
Exploration
Future Plans
Purity Levels
Commercial Production
Well Testing
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