The Market Online - At The Bell

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

Prominence Energy (ASX: PRM) is moving into the next phase of its South Australian natural hydrogen and helium strategy, with chief operating officer Dr Krista Davies outlining the company’s pathway towards drilling at the RIU Good Oil & Gas Energy Conference in Perth today.

The Watchlist — short video interviews with ASX leaders. Watch now.

Speaking on day one of the conference, Davies discussed the growing global investment in natural hydrogen and helium, developments across South Australia and how Prominence is positioning its large-scale Gawler portfolio to take advantage of the emerging energy markets.

The company has been steadily building its exploration case across the Gawler Project, which covers about 64,000 square kilometres in South Australia and includes the Eyre and Northern Hinge areas.

The latest milestone came just two days before the conference, when Prominence announced an independent prospective resources assessment for its Eyre Project. The assessment also identified significant upside.

With the Eyre resource assessment now complete, the company is moving into target ranking, drilling engineering and preparation for a potential farm-out process.

Prominence is targeting detailed design and planning of its 2027 drilling program through November and December, with a multi-well natural hydrogen and helium drilling campaign targeted for mid-2027.

Prominence’s strategy gives it exposure to both commodities through the same South Australian exploration portfolio.

To get the detailed update from Prominence, watch the full interview with Dr Krista Davies above.

Join the discussion: See what HotCopper users are saying right now and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

prm by the numbers
More From The Market Online
Drill rig viewed from worm's eye view

Gulf Stream Energy unveils Zydeco-1 oil discoveries contingent resource

Gulf Stream Energy has highlighted the commercial upside of the two oil discoveries made by the…

Australian report says government’s gas reservation policy is the wrong tool for the job

EnergyQuest has labelled the Australian government’s recently tabled “Domestic Gas Reservation Bill” as the “wrong tool…

Channel Infrastructure forecasts significant fuel throughput increase at Marsden Point in NZ

Channel Infrastructure has released a long-term outlook for fuel throughput at Marsden Point which forecasts additional…

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…