Thor Energy's HY-Range Project Sparks Investor Interest with Positive Gas Readings in South Australia
Key Ideas
  • Thor Energy's HY-Range project in South Australia shows promising natural hydrogen and helium potential, with hydrogen concentrations exceeding 1,000 ppm and notable helium readings.
  • Identification of four key target zones - Mallala, Locheil, Crystal, and Mt Lock - for further exploration to refine drilling targets and prioritize acreage within the license.
  • Market response is positive with Thor Energy's shares gaining over 6%, reflecting growing investor interest in the natural gas exploration sector.
  • The company's strategic focus aligns with the clean energy transition narrative, positioning Thor Energy as a potential player to watch in the evolving energy landscape.
Thor Energy's ASX-listed stock (THR) surged after the release of favorable early-stage survey results from the HY-Range project in South Australia, indicating substantial potential in natural hydrogen and helium exploration. The company reported significant hydrogen and helium gas readings, with concentrations exceeding 1,000 ppm and up to 27 ppm, respectively. These findings have identified four primary target areas - Mallala, Locheil, Crystal, and Mt Lock - for further investigation, aiding in the streamlining of drilling efforts and high-grading of priority acreage. The positive market response, with Thor Energy shares climbing over 6%, reflects the increasing investor interest in the natural gas sector and the company's progress in exploration. Thor Energy's strategic alignment with the clean energy transition narrative positions it as an emerging player, despite not being part of the ASX 200 index. With reduced geological risks and enhanced confidence in active gas systems, Thor Energy is set to advance to the next exploration phase, leveraging current momentum and technical data from the HY-Range project.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.