Whitebark Energy has expanded its ground in Queensland’s prospective Cooper Basin after securing an additional exploration permit consisting of 1250 sub-blocks granted to the company to produce geothermal energy.
Whitebark Energy believes geothermal energy deserves greater recognition from both the Australian Government and industry as a reliable source of baseload power. The new permit, which is in line with Whitebark’s strategic commercialisation pathway, boosts its ground coverage to 10,113 square kilometres and aligns with the Federal Government’s recent $11.2 billion rollout of incentives for hydrogen production. The permit ground comprises 3873sq km and sits about 125km south-west of Eromanga in Queensland.
The company is aiming to develop Australia’s first geothermal energy-to-hydrogen project and is pushing towards a final investment decision in the first half of next year.
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