Thor Energy, through its subsidiary Go Exploration Pty Ltd, has recently acquired three new gas storage exploration licenses in South Australia, covering over 6,300 km² near Adelaide. The strategic positioning near strong hydrogen and helium leads reflects a deliberate focus on natural hydrogen exploration and potential storage solutions. The company's approach, contrasting with the rush towards synthetic or green hydrogen production, emphasizes a geologically grounded, methodical progression. The South Australian government's support for hydrogen and helium exploration, evidenced by regulatory shifts, further enables Thor's ambitions. With planned exploration programs and renewal options for the licenses, Thor aims to leverage geological expertise and regulatory momentum to unlock potential revenue streams and infrastructure roles. Despite uncertainties in commercial volumes and extraction protocols, Thor's calculated gamble on resource emergence and strategic infrastructure optionality presents an intriguing opportunity for investors interested in the hydrogen sector's frontier geology and long-horizon exploration.