Thor Energy Plc's Managing Director, Andrew Hulme, discussed the recent grant of Gas Storage Exploration Licences (GSEL) 804, 805, and 806 in South Australia. These licences, obtained through the Go Exploration deal, complement Thor's existing natural hydrogen and helium portfolio, particularly the HY-Range project. The GSELs cover the same area as the HY-Range project, providing valuable insights into subsurface storage potential for other gases. This additional capability enhances Thor's ability to produce hydrogen from various sources, accumulate it in reservoirs, and potentially engage in hydrogen export or industrial applications. The portfolio fit of these licences offers opportunities for grid leveling, arbitrage, and even greenhouse-gas storage. Thor Energy's strategic focus on natural hydrogen and helium exploration is further reinforced by these acquisitions, aligning with their long-term goals. The company's evolving portfolio strategy involves evaluating the best commercial avenues for existing mineral assets in the US and Australia. Investors can anticipate updates from Thor Energy in the upcoming weeks, following the completion of a regional geochemical survey. The survey results will guide the company in focusing on specific areas within the HY-Range project, optimizing their exploration efforts and future well-targeting. Insights from the data analysis will also shape Thor Energy's future direction, including the maintenance of existing projects and new data acquisition strategies.