Gold Hydrogen Advances Ramsay Natural Hydrogen Project
- Sep 27, 2023
- 4 min read
Updated: Nov 23, 2023
Gold Hydrogen completed reservoir rock characterisation research on the Ramsay project, demonstrating the potential for natural hydrogen production. Additionally, it received approvals for the Ramsay 1 well site construction and plans to spud Australia's first dedicated natural hydrogen well in mid-October. However, the project faces geological and development risks, including community engagement, due to its location near agricultural areas and national parks. After completing the Ramsay 1 site, equipment will be moved to the proposed Ramsay 2 site, with construction activities scheduled to commence next week. Gold Hydrogen expects significant cost savings constructing both well sites concurrently.