HyTerra Unveils Record Hydrogen Levels in Kansas Wells, Eyes US Market Expansion

Operational Milestones in Kansas

HyTerra Ltd, the ASX-listed pioneer in natural geologic hydrogen exploration, has reported a productive quarter ending September 2025. The company safely executed drilling and appraisal operations across three wells in the Nemaha Project, Kansas, delivering results on time and within budget. Notably, the McCoy 1 well, drilled to a depth of 1,695 meters, yielded mud gas samples with hydrogen concentrations as high as 83% and helium up to 5%, some of the highest recorded in their program to date.

These findings build on earlier successes at Sue Duroche 3 and Blythe 13-20 wells, where elevated hydrogen and helium levels were also confirmed. The wells have been converted to appraisal status, with downhole monitoring equipment installed to support ongoing surveillance and inform the design of production testing planned for after the 2026 winter season.

Integrated Subsurface Analysis and Prospect Refinement

HyTerra completed processing its 2025 seismic acquisition program, integrating this data with airborne gravity-magnetic surveys and recent well logs. This comprehensive dataset enhances the company's understanding of the Mid-Continent Rift's basement structure and fluid pathways, critical for identifying safe drilling sites and refining future prospect targets. The integration of multiple geophysical and geological data sources positions HyTerra with a competitive edge in the emerging natural hydrogen sector.

Strategic US Market Engagement

To bolster its presence in the United States, HyTerra has appointed Dr. Douglas Wicks, former ARPA-E Program Director, as a US Strategic Advisor, and Dan Milstein as an International Strategic Advisor. These appointments aim to deepen technical expertise and support targeted engagement with key markets. Concurrently, the company is finalizing its quotation process on the OTCQB Venture Market, expected to commence trading in October, enhancing liquidity and visibility among North American investors while maintaining its primary ASX listing.

Financial Position and Outlook

At quarter-end, HyTerra held A$4.883 million in cash, following exploration expenditures of A$5.59 million focused on technical consulting, resource assessment, leasing, and seismic data acquisition. The company acknowledges that its cash runway covers less than two quarters at current spending levels but anticipates reduced exploration costs in the upcoming quarter due to the completion of its drilling program. HyTerra remains vigilant on capital management and may consider additional funding as necessary to support its growth trajectory.

Looking ahead, the company is focused on production test planning, continued appraisal surveillance, and finalizing prospect selections from its integrated subsurface interpretations. The Nemaha Project’s proximity to established industrial hubs and infrastructure, combined with promising gas compositions, positions HyTerra to potentially unlock low-carbon hydrogen and helium supplies with lower production costs and emissions than conventional methods.