Project Venus, permit ATP2051 is 100% owed by Pure Hydrogen. Project Venus contains high quality and very prospective acreage covering 154km2 within the main Walloon Coal Seam Gas Fairway and close to gas infrastructure including gas pipelines. There is significant coal in this permit and the Company believes it can turn these into significant gas resources.
Pure Hydrogen’s Project Venus is located within the proven Walloon CSG Fairway and immediately adjacent to gas pipeline infrastructure in the Surat Basin. It offers relatively low risk and a lot of value with its 130PJ of 2C Contingent Gas Resources and 536 PJ of Prospective Gas Resources.
During the quarter the company advanced plans to drill Venus 2 as a horizontal well and is currently looking to contract a drilling rig.
Venus sits in great territory, surrounded by Senex and other big names, and infrastructure on tap. Would love to see some progress being made on this project.
Project Venus, permit ATP2051 is 100% owed by Pure Hydrogen....
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