Gold Hydrogen inked drilling and service contracts with SLB and Savanna Energy to continue exploring its maiden Ramsay project in South Australia. Savanna Energy will provide drilling services for the exploration well, while SLB’s involvement builds on two years of geological support. Flagging of key locations for the first natural hydrogen-focused exploration well in Australia are in place, along with land access agreements. GHY expects approvals from the Department of Energy and Mines in September to kick off drilling this October and plans to accelerate the design of a second well.
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