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25 min ago 2 min read
Canadian exploration firm Max Power Mining has identified multiple prospective natural hydrogen and helium zones at its Bracken exploration well, approximately 325km southwest of the Lawson Discovery in Saskatchewan, Canada.
Drilling data from Bracken suggest that the geological conditions observed at this target are like those at Lawson, providing initial evidence of the existence of a much broader regional natural hydrogen system, extending into the US.
The Bracken well is located inside the 750sq km Grasslands project, which covers 120,000 permitted acres.
A comprehensive completions and testing program at Bracken is expected to start during the second half of July, shortly after the start of commercial validation drilling at Lawson as Max Power advances two complementary programs designed to evaluate multiple stacked natural hydrogen and helium targets.
Steve Halabura, Max Power Chief Geoscientist, said the scale is truly remarkable as demonstrated by the first two wells drilled 325km apart, and it is shaping up to be “an extraordinary summer” in Saskatchewan.
“We’ve learned much about Bracken, thanks in part to the unique and proprietary knowledge gained from Lawson in recent weeks and months, especially with completion and interpretation of the recent 3D seismic program,” he said.
Ran Narayanasamy, Max Power CEO, said independent validation reinforces its confidence in the potential at Bracken and further strengthens the broader geological model emerging across Saskatchewan.
The news is another boost to Saskatchewan, whose first helium and associated gases .
All 15 parcels available for bidding on 22 June, totalling 267,334 hectares, were bought by Millennium Land, a company specialising in lease acquisition and environmental management for energy, according to Saskatchaewan’s Ministry of Energy and Resources. Parcels 7 to 9 were the most expensive, each costing C$2.3m ($1.6m).
Rising demand for helium and natural hydrogen rights in the central province led the Ministry of Energy and Resources to introduce a public offering system similar to existing processes used for Crown petroleum and natural gas, potash and lithium from brine.
