H2EX is an experienced and active explorer in the Australian sector. Located within their flagship PEL 691 project in the Eyre Peninsula South Australia, the company has identified 40 natural hydrogen targets following extensive geotechnical surveys including passive seismic, magnetotellurics and fluid inclusion analysis. PEL 691 spans 5,991 km2 (~1.5 million acres). The company is currently advancing exploration drilling plans. In South Australia, H2EX has ~56,000km2 in license applications. One of these applications, RSELA 810, contains the Robe-1 well which detected 25% hydrogen and 40% methane. The company also has a sizeable position in Western Australia with four Special Prospecting Authority applications.
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