The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Black Mountain Energy (BME) completes seismic line clearing activities at its Valhalla project in the Canning Basin region of Western Australia
  • The company will now look to begin seismic data acquisition work, with a planned Odin 2D seismic program to result in 130 kilometres of additional data
  • This data will provide further definition to the southwest portion of the Valhalla permit ahead of a planned 2024 well appraisal program
  • Black Mountain has now mobilised its field seismic crew to the site in advance of seismic contractors to properly prepare for induction activities and upcoming operations
  • Shares in Black Mountain last traded at seven cents on Friday, July 15

Black Mountain Energy (BME) has completed seismic line clearing activities at its Valhalla project in the Canning Basin region of Western Australia.

The company said it now planned to begin seismic data acquisition, with an Odin 2D seismic program to result in 130 linear kilometres of additional data.

This data will provide further definition to the southwest portion of the exploration permit ahead of the company’s planned 2024 appraisal well program.

Black Mountain has mobilised its field seismic crew, which included traditional owner liaison officers and an environmental officer, to the Valhalla site in advance of seismic contractors to properly prepare for induction activities as well as the upcoming operations.

Further, the company said in conjunction with a number of traditional owners, it had undertaken additional heritage survey activities prior to clearing.

This was to ensure there would be no unintended impacts to sites of cultural significance, as well as to provide additional employment opportunities within the community.

Shares in Black Mountain last traded at seven cents on Friday, July 15.

bme by the numbers
More From The Market Online

Elixir Energy enters strategic Taroom Trough farmout with Beach Energy

Elixir Energy has entered into strategic farm-out agreements with Beach Energy across parts of its Taroom…

X2M Connect signs binding agreement to deliver AI-enabled data centre site in Qld

X2M Connect has signed an agreement with a Queensland developer for a 10MW AI-enabled data centre…

Acusensus awarded $210M territory-wide contract with the ACT government

Acusensus has signed an agreement with the ACT for the provision of specific traffic enforcement services…
HotCopper Daily Market Trends Graphic

Friday’s HotCopper trends: Zip Co, Hamelin Gold, X2M Connect and other daily topics

With more than 600k average monthly users on the HotCopper forums, each and every discussion can…