Whitebark to commence a soil geochemistry survey targeting highly encouraging hydrogen and hydrocarbon emission hotspots identified across the Alinya Project area
- Work on the Rickerscote Prospect, p50 resources estimated at 710 million Kg of white hydrogen, 97 Bcf of helium and 153 million barrels of oil equivalent (mmboe)1, begins.
- Whitebark to commence a soil geochemistry survey targeting highly encouraging hydrogen and hydrocarbon emission hotspots identified across the Alinya Project area.
- Whitebark has agreed terms and paid a deposit with Axiom Sensing guaranteeing access to state-of-the-art, autonomous, IVY gas detection sensors.
Whitebark Energy Limited (ASX:WBE) (Whitebark or the Company) is pleased to announce that following the raising of $363,192 via Tranche 1 of the Placement announced 5 February 2025 with a further
$1,636,808 to be raised via Tranche 2 subject to shareholder approval at the Company’s EGM on 16 April 2025, it has now commenced critical work activities to derisk and mature the giant Alinya Project. The Alinya Project comprises over 20 identified prospects the largest of which is Rickerscote which comprises multiple, stacked reservoir objectives and which exceeds 180km2 (and up to 400km2) of closure or productive area making it one of the largest, undrilled, seismically defined, sub-salt structures onshore Australia (Figure 1).
Figure 1: 2D seismic derived cross section through the Rickerscote prospect, showing key reservoirs, seals, source rocks (SR), faults and identified hydrogen and hydrocarbon emission hotspots. IVY sensors will be positioned to evaluate the key emission points.
Whitebark Energy Chairperson, said:
This is an extremely exciting step towards the initial drilling of a project that may potentially deliver a resource that could help to change Australia’s energy landscape.
“With the potential of giant-size resources in natural ‘white’ hydrogen hydrocarbons and helium, success at Alinya could position Whitebark at the forefront of a new era in clean energy and Australia’s energy security. It’s an opportunity not just for our company, but for Australia to secure critical inputs for a low-emissions future and support sovereign supply chains in emerging energy technologies.”
The soil geochemistry survey, commencing in July 2025 will entail the positioning of IVY (in-situ vapour yield) gas sensors which will measure gas emissions continuously for a 3-4 week period. IVY gas sensors are fully autonomous, passive and exhibit extremely small deployment footprints. The sensors will be positioned to target highly encouraging hydrogen and hydrocarbon emission points identified from previous remote sensing studies and that are coincident with mapped subsurface prospects, faults and stratigraphic trends (Figure 1).
The soil geochemistry survey results will be integrated with other sub-surface data, to high grade prospects for 2D seismic infill acquisition planned for Q4, 2025, the purpose of which is to high grade locations for future drilling activities.
This ASX announcement has been approved and authorised for release by the Board of Whitebark Energy Limited.
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Whitebark to commence a soil geochemistry survey targeting highly encouraging hydrogen and hydrocarbon emission hotspots identified across the Alinya Project area
