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BLACK MOUNTAIN ENERGY LTD - Corporate Spotlight

Black Mountain Energy (ASX: BME) is an energy and resources company focused on... Black Mountain Energy (ASX: BME) is an energy and resources company focused on identifying, developing and operating projects in hydrocarbon-rich basins. Lead by a world class management team, our aim is to safely develop and commercialise unconventional oil and gas reservoirs in Australia.More

Corporate Spotlight

Black Mountain Energy is focused on sustainable development of its Valhalla Project in WA's Canning Basin. Natural gas is central to the economy, emissions reduction targets and the secure supply of energy, the long-term outlook for unconventional gas developers like Black Mountain is brighter than.
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BME REVEALS PLAN TO COMMERCIALISE WELL TESTING GAS

REPORT: BME TEAMS UP WITH HIGHWIRE

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Black Mountain Energy (ASX:BME) teams up with Highwire to explore ESG-positive commercial options for well-testing gas


Read the Full Report on The Market Herald here

BME TO TEAM UP WITH HIGHWIRE

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Black Mountain Energy (ASX:BME) to team up with Highwire for cryptocurrency mining


ASX:BME
22 June 2022 11:51 (AEST)


  • Black Mountain Energy (BME) launches a technical consultation and review to potentially divert flared methane gas into energy to power the mining of cryptocurrency
  • To execute this strategy, BME has signed a non-binding Letter of Intent (LOI) with Highwire Energy Partners to use well-testing gas from the Valhalla project in WA
  • Highwire plans to buy up to five terajoules per day of gas in addition to the installation of up to 25 megawatts of generation to support its operations.
  • Mining cryptocurrency from diverted waste natural gas has seen success in the US, with Highwire conducting similar operations in Wyoming

    Read the Full Article on The Market Herald here

BME READY TO MEET AUS GAS SHORTFALLS

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Australia’s domestic gas shortfalls and how Black Mountain Energy (ASX:BME) is ready to fill the void


ASX:BME


 
  • A key gas blending study from the Australian Gas Infrastructure Group (AGIG) showed Valhalla gas is suitable for integrating with existing infrastructure.
  • Black Mountain is targeting between 200TJ/day and 600TJ/day of production for the Valhalla project
  • Critical environmental studies are already underway at Black Mountain’s Valhalla project
  • Valhalla has gained approvals to sell to both domestic and export markets
  • The upcoming Federal Budget has committed a $50.3 million boost in funding to domestic gas projects and infrastructure

Read the Full Article on The Market Herald here

BME READY TO ADVANCE VALHALLA GAS PROJ

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It’s go time for Black Mountain Energy’s (ASX:BME) Valhalla gas project in WA’s Canning Basin


ASX:BME

  • The Canning Basin is the eighth-largest undeveloped gas reservoir in the world and is well-positioned for projects to deliver low-cost, reliable natural gas domestically and abroad
  • Black Mountain Energy (BME) has been given crucial environmental approvals and will now conduct critical 2D seismic surveys of its Valhalla tenements
  • Valhalla contains an enormous 11.8 trillion cubic feet (TcF) of prospective gas
  • This year’s Federal Budget has flagged gas production as pivotal to the security of Australia’s energy mix

    Read the Full Article on The Market Herald here

BME RECEIVES ENVIRONMENTAL APPROVAL

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Black Mountain Energy (ASX:BME) receives environmental approval for Valhalla seismic surveys


ASX:BME
Heritage survey at Valhalla. SourcE: Black Mountain Energy

  • Black Mountain Energy (BME) receives approval from the Department of Mines, Industry Regulation & Safety regarding a 2D seismic survey at its Valhalla Project
  • An environmental plan was lodged in late December after multiple floral, fauna and heritage surveys were completed across the area
  • The heritage surveys were conducted in conjunction with the Traditional Owners of the area to ensure there was no impact to areas of cultural significance
  • The approval allows the company to begin plans to complete its surveys on the proposed seismic and future well site areas

    Read the Full Article on The Market Herald here

ABOUT US

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Black Mountain Energy (ASX: BME) is an energy and resources company focused on identifying, developing and operating projects in hydrocarbon-rich basins.


Our aim is to safely develop and commercialise unconventional oil and gas reservoirs in Australia. We are developing an unconventional drilling approach and forging a path for smarter natural gas extraction, unlocking Project Valhalla in WA’s Canning Basin to create a new natural gas resource.


With Black Mountain’s depth of experience in the United States, we are excited to bring our expertise to Australia, creating an industry leader in responsibly developed and environmentally conscious natural gas supply. We want Project Valhalla to create energy security, local employment opportunities and a leading cost advantage for WA’s manufacturing industry as we build Australia’s next great energy company.


The Black Mountain Energy team has more than 120 years of combined experience in developing unconventional energy assets and this allows us to operate strategically, responsibly and with agility.


VISIT WEBSITE: https://www.blackmountainenergy.com/site/content/

VIDEOS

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BME reveals plans to commercialise well testing gas



BME details key progress at Valhalla ahead of Q4 FY22



BME STEPS CLOSER TO COMMERCIALISATION OF VALHALLA 



BME O&G EXPERTISE TO UNLOCK CANNING BASIN POTENTIAL


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