FIRST U.S. WILDCATTER

GEOLOGIC HYDROGEN
WELL

Record-breaking helium identified alongside hydrogen, confirming subsurface systems and advancing a disciplined operational program.

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First of Its Kind

First U.S. wildcatter well drilled specifically to evaluate geologic hydrogen.

Dual-Resource Discovery

Record-breaking helium identified alongside hydrogen indications.

Disciplined Development

Stage-gated exploration and appraisal workflow with clear decision points.

Scalable Portfolio

Project pipeline across Nebraska and Eastern Colorado.

NEBRASKA

FLAGSHIP PROJECT

HOARTY NE3

In 2019, Nebraska’s first natural hydrogen well confirmed substantial H2 and record He concentrations, validating the PHE-based exploration method through independent verification.

Helium

12.8% He measured and independently verified.

Hydrogen

44% H2 measured in produced gas samples.

Geologic Context

PHE-based target concept.

Proof-Led Exploration

We drill, sample, and measure before claiming outcomes, keeping communication evidence-first.

Stage-Gated Appraisal

Milestones and capital use are tied to technical checkpoints from discovery to appraisal.

Dual-Resource Value

Hydrogen economics can be enhanced by parallel helium pathways and commercialization options.

Our Project Portfolio

A growing portfolio of geologic hydrogen prospects screened for repeatability and execution quality.

Red Willow Project

Stage: Drilled

Next milestone: Independent technical verification and appraisal program design.

Prairie Creek Project

Stage: Identified

Next milestone: Surface geochemical sampling and permitting campaign.

High Plains North

Stage: Screening

Next milestone: Prospect ranking, seismic review, and field-planning decisions.

What Is Geologic Hydrogen?

Geologic hydrogen is naturally occurring hydrogen generated in the subsurface through geological processes. Unlike manufactured pathways, it can be appraised with conventional exploration and testing discipline.

Our program focuses on identifying, measuring, and validating hydrogen systems through stage-gated workstreams and transparent reporting.

Program Milestones

Evidence-led timeline from first well proof toward appraisal and commercial screening.

COMPLETED · Q1 2019

HOARTY NE3 wildcatter well drilled

Completed

Gas sampling and laboratory analysis

In Progress · Q1 2025

Independent verification and technical reporting

Next · Q2 2025

Appraisal program design

Planned · 2H 2025

Step-out wells, seismic, and expanded sampling

Parallel Track

Helium offtake pathway development

Latest Updates

Company Drills First U.S. Wildcatter Geologic Hydrogen Well in Nebraska

Confirmation of hydrogen presence and record helium concentrations at Red Willow #1.

Technical Update: Subsurface Sampling and Verification

Overview of testing protocols, laboratory analysis, and third-party review standards.

Portfolio Expansion Across Midcontinent Basins

New targets added in Oklahoma, Colorado, and Nebraska under phased appraisal criteria.

Investors & Strategic Partners

Request access to the data room to review technical results, reports, and the forward appraisal program.

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