GRV 3.85% 2.5¢ greenvale energy ltd

Mate, it's always good to do a bit of homework prior to posting...

  1. 1,601 Posts.
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    Mate, it's always good to do a bit of homework prior to posting ! Pls note the bit about existing gas pipeline infrastructure to Darwin and the East coast.....

    "The Amadeus Basin has a long history of hydrocarbon production in the Palaeozoic and
    late Proterozoic succession. Helium and hydrogen production have been proven through
    exploration drilling, with some of the highest concentrations of helium globally –
    highlighting its potential to become a world-class province for helium and hydrogen.
    The EP 145 permit sits within recognised play fairways for helium and hydrogen and
    contains proven hydrocarbon discoveries. The permit lies on-trend with the producing
    Mereenie oil & gas field and is optimally located for helium, hydrogen and hydrocarbons.
    Successful helium wells are located along the margins of the Amadeus Basin at Mt Kitty-
    1 and Magee-1, with existing gas pipeline infrastructure to Darwin and the Australian East
    Coast, providing an opportunity for rapid development and commercialisation."
 
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