H3 Energy's Helium Exploration Push at Alinya Project

0:00H3 Energy has launched a new helium exploration push at its Elinia Project in South Australia's officer Basin. The company is assessing potential helium reserves in the Milford and Milford East structures southeast of the Rikerskot site. Teams are examining key rock layers like the Elinia formation and Pinden sandstone to check reservoir quality and trap strength. Earlier independent studies at Rikerskot pointed to a high in estimate of 209 billion cubic feet of helium and 1.2 billion kilograms of hydrogen. Now H3 wants to see if that potential spreads across a wider area, which could boost the value of their overall gas resources. Company leaders see this as part of a smart portfolio strategy to tap multiple energy types amid growing global helium demand from tech and medical fields. Meanwhile they're in talks to bring in partners for drilling at Elinia. The Rikerskot site alone holds promising figures with 4.1 trillion cubic feet of gas and

1:00617 million barrels of liquids and prospective resources. H3 has mapped over 20 more prospects across the Basin, plus ongoing work to improve their world gas field in Western Australia. If helium pans out here, it could transform Milinia into a multi-commodity powerhouse, drawing investor interest and strengthening the projects, future. From your city, powered by AI, this is Sydney News Today, I'm Corey with The Story.