SGC 0.00% 0.9¢ sacgasco limited

The cat is out of the bag, Helium and Hydrogen are obviously now...

  1. 5,265 Posts.
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    The cat is out of the bag, Helium and Hydrogen are obviously now a key focus based on the quarterly, they are looking for it in their existing Northern Sacramento basin assets, in their existing Canadian assets, and in new assets currently being considered.

    Helium and Hydrogen are red hot atm...expect further news on this soom imo

    "Integration of recently acquired proprietary and public airborne geophysical data with 2D and 3D seismic data and analysis of well histories over a 1000 square kilometres study area in the northern Sacramento Basin is proceeding. Results are expected to define extensive ‘prospects and leads’ focus areas near Sacgasco’s infrastructure. Potential for natural sources of helium and hydrogen is being examined”.

    “A multi-spectral satellite imagery study over some 50,000 square kilometres in the areas of Sacgasco’s Canadian Assets has been initiated and results are expected shortly. The results of study will be integrated with the extensive subsurface well control and other geophysical data
    including seismic to define additional prospectivity for oil and gas (methane and heavier) along with natural sources of hydrogen and helium in our areas of interest.”

    "Ongoing review of potential conventional oil and natural gas projects including Hydrogen and Helium that have a strategic fit with Sacgasco’s current assets and strategy."
 
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