Hyterra (ASX:HYT) reported two firm wells are in drilling sequence for the Nemaha project in Kansas, which is prospective for natural hydrogen and helium, as it takes its first steps in executing a 12-month exploration work program, according to a Thursday Australian bourse filing.
Murfin Drilling is on track to mobilize Rig 116 to the Sue Duroche 3 well location early next week.
The initial results of an aerial gravity-magnetic survey support its increased understanding of hydrogen and helium prospectivity for an upcoming exploration stage two drilling program.
Its shares rose over 11% on market close.