TOP END ENERGY LIMITED

TOP END ENERGY LIMITED (ASX: TEE)

Key land access agreements, approvals, and assessments completed for upcoming 120km infill 2D seismic data acquisition over the Coolibah conventional gas prospect.
Terrex Seismic to mobilize in June, with data processing contract awarded to Earth Signal.
Seismic program aims to improve geological understanding of Coolibah prospect before drilling decision expected in H2 2023.

2023-06-01 08:32:00

Phase I natural Hydrogen assessment completed, identifying highly prospective play fairways for natural Hydrogen across Top End Energy's prioritized NT acreage.
Key systems elements for natural Hydrogen also encouraging for Helium exploration, a valuable product in short global supply.
Q2 2023 grant of Exploration Permit 258 anticipated, further developing the Company's strategy for clean end products and complementing existing focus on natural gas as a transitional fuel.

2023-04-21 08:18:00

Native title holders of EP 258 have agreed to enter into an exploration agreement with Top End Energy Limited.
The agreement is a critical milestone that unlocks the path for the near-term grant of EP 258, the first in the NT since 2015.
Post-grant exploration program designed to confirm extensions of the Velkerri Shale and presence of the conventional Bessie Sandstone formation on the Permit.

2023-04-03 09:45:00

Mid-March 2023 country meeting to grant EP 258 Greater McArthur Basin permit.
Contract awarded for 2,500 km lines of gravity graditometry data to commence post-permit grant.
Nearby operators in Beetaloo Basin remain active with drilling campaigns targeting near-term pilot projects.

2023-03-01 08:16:00

Terrex contracted to execute new 120km 2D seismic acquisition over the large Coolibah Prospect.
Program designed to improve chance of success ahead of drilling decision in H2 2023.
Coolibah Prospect is a large anticlinal feature (~278km2) identified from geological and geophysical studies.

2023-02-20 08:46:00

Top End Energy Limited has secured a 100% interest in Area L22 -6, a 6,300km2 area containing the untested and historically overlooked basin margin extension to the proven Amadeus Basin in the Northern Territory.
The permit is immediately adjacent to the Company’s existing Northern Territory Amadeus Basin portfolio, leveraging existing knowledge and providing technical and operational synergies.
Multiple play fairways have been identified across the permit for conventional Hydrocarbons, Helium and Hydrogen.

2023-01-24 08:39:00