Top End Energy, based in Sydney, Australia, revealed positive initial findings from the evaluation of its Exploration Permit (EP) 144 in the South Nicholson Basin of the Northern Territory. The company's geophysical and geological assessment indicated a substantial gas play fairway spanning approximately 3,500 km² within EP 144. With a full ownership stake in the permit, Top End Energy is set to intensify its exploration activities, following the identification of favorable gas prospects through drilling and seismic data interpretation. The recent acquisition of EP 144, alongside EP 153 and EP 154, as part of a deal with Hancock Prospecting's subsidiaries, presents an opportunity to delve into unconventional gas resources with the added potential of hydrogen and helium discoveries. Managing director Oliver Oxenbridge highlighted the intention to enhance the work programme for EP 144, focusing on advanced geophysical studies, soil gas sampling, and targeted stratigraphic drilling to capitalize on the region's energy prospects. The strategic location of EP 144 near the Northern Gas Pipeline offers a promising gateway to key gas markets, enhancing the appeal of the area for energy exploration and development.