HyTerra takes natural hydrogen hunt to Oman

HyTerra (ASX: HYT) has entered into a memorandum of understanding (MoU) to expand its global natural hydrogen hunt to Oman.

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The first ASX-listed natural hydrogen gas explorer has added to its current US activities with the agreement with ARA Natural to jointly evaluate opportunities in the Sultanate of Oman.

HyTerra CEO, Riley Kemp, said ARA is a leading Omani E&P operator with proven in-country capability.

“Oman hosts exceptional subsurface geology, including rock systems conducive to geologic hydrogen generation. We believe it represents one of the most compelling geological settings globally, and one where disciplined early evaluation can create real value,” Mr Kemp said.

“Partnering with a proven and respected Omani company like ARA provides the in-country operating capability and experience required to assess that potential rigorously.

“This collaboration pairs our technical hydrogen exploration knowledge with ARA’s local execution strength – a combination we believe is well-suited to unlocking what Oman has to offer.”

Mr Kemp said the 18-month exclusive collaboration advances HyTerra’s global growth strategy by securing a first-mover position in a key emerging jurisdiction.

HyTerra’s strategy is aimed at de-risking through spanning geophysical analysis, drilling and reservoir evaluation,

It will be applied to screen and rank opportunities across Oman together with ARA.

“Oman’s long history of hydrocarbon development has produced extensive subsurface datasets and strong operating capability, both of which translate directly to geologic hydrogen exploration,” Mr Kemp said.

“As global interest in geologic hydrogen accelerates, Oman represents an emerging jurisdiction where early movers stand to benefit as commercial and regulatory frameworks mature.

ARA executive VP and COO, Ola Fjeld, said ARA has built deep technical and operational capability across Oman’s upstream sector.

“We see geologic hydrogen as a natural extension of that expertise into an emerging and strategically important energy source. HyTerra brings a level of technical specialisation in natural hydrogen exploration that few companies in the world can match.

“We look forward to combining our in-country knowledge and relationships with HyTerra’s exploration capability to evaluate what we believe could be a significant opportunity for Oman.”

ARA Natural Resources LLC is a subsidiary of ARA Petroleum, an independent oil and gas exploration and production company headquartered in Muscat, Oman.

HYT is down 6.67% to 1.4¢. Mkt cap $25.01M.

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