Whitebark Energy Initiates Soil Survey for Hydrogen and Hydrocarbon at Alinya Project
Key Ideas
  • Whitebark Energy is starting a soil geochemistry survey at the Rickerscote Prospect within the Alinya Project, aiming to identify hydrogen and hydrocarbon emission hotspots.
  • The project holds significant resources including 710 million Kg of white hydrogen, 97 Bcf of helium, and 153 mmboe, with plans for advanced IVY gas detection sensors deployment.
  • The company aims to lead in clean energy by securing inputs for a low-emission future and supporting sovereign supply chains, with a 2D seismic infill acquisition slated for Q4 2025.
  • This comes after a successful capital raise of $363,192 (Tranche 1) and pending approval for an additional $1,636,808 (Tranche 2) to further develop the Alinya Project in Australia.
Whitebark Energy, listed on ASX as WBE, has announced the commencement of a soil geochemistry survey at the Rickerscote Prospect within its Alinya Project in Australia. The focus of the survey is to target hydrogen and hydrocarbon emission hotspots. The Alinya Project is described as a potentially giant-sized resource holding natural 'white' hydrogen, hydrocarbons, and helium. The Rickerscote Prospect alone is estimated to contain 710 million Kg of white hydrogen, 97 Bcf of helium, and 153 million barrels of oil equivalent (mmboe). To facilitate this survey, Whitebark Energy has secured access to advanced IVY gas detection sensors from Axiom Sensing. These sensors will be deployed for 3-4 weeks to continuously measure gas emissions at specific locations identified through previous remote sensing studies. The strategic placement of these sensors aligns with mapped subsurface prospects, faults, and stratigraphic trends, thus increasing the likelihood of discovering significant resources. The Chairperson of Whitebark Energy highlighted that success at the Alinya Project could position the company at the forefront of a new era in clean energy. The company's goal is to secure critical inputs for a low-emissions future and bolster sovereign supply chains in emerging energy technologies. The survey results will be integrated with existing subsurface data to refine prospects for a 2D seismic infill acquisition scheduled for Q4 2025. This planned acquisition aims to further pinpoint drilling locations for future exploration. This latest initiative follows a recent capital raise of $363,192 (Tranche 1), with a pending second tranche of $1,636,808 subject to shareholder approval. The Alinya Project encompasses over 20 identified prospects, with Rickerscote alone covering an area exceeding 180km², potentially up to 400km², establishing it as a substantial undrilled structure in onshore Australia.
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