Hyterra Says Two Wells in Kansas Project in Drilling Sequence Since April; Shares Up 12%

MT Newswires Live

May 06, 2025

Hyterra (ASX:HYT) said two firm wells are in the drilling sequence at the Nemaha Project in Kansas since April, according to a Tuesday Australian bourse filing.

The Sue Duroche 3 well was drilled to a total depth of 1,052 meters, the filing said. Independent laboratory analysis verified hydrogen concentrations of up to a little over 96% from mud gas from the well. The remaining samples for the well are being sent to independent laboratories for verification and quantification.

This marks the first steps for the firm in executing a comprehensive 12-month exploration work program, per the filing. This exploration program funding is sourced from the recent investment in the firm by Fortescue Future Industries Technologies.

Hyterra's shares rose nearly 12% in recent trading on Tuesday.

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Independent laboratory analysis verified hydrogen concentrations of up to a little over 96% from mud gas from the well. The remaining samples for the well are being sent to independent laboratories for verification and quantification.</p><p>This marks the first steps for the firm in executing a comprehensive 12-month exploration work program, per the filing. This exploration program funding is sourced from the recent investment in the firm by Fortescue Future Industries Technologies.</p><p>Hyterra's shares rose nearly 12% in recent trading on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7142","symbol_name":"石油与天然气的勘探与生产","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2533514596","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533514596","pubTimestamp":1746501118,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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