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Australia: Global Oil and Gas announces EP127 site approval for helium & hydrogen exploration
03 Feb 2021
Sacred Site Clearance approval for EP127 marking a key step for exploration activities to commence
All key desktop works and planning have now been completed, around sacred site locations, in preparation for field activities and the geochemical surveyto commence
Field activities and geochemical survey to commence early Q2, at the conclusion of the Northern Territory wet season
The geochemical survey is designed to identify the presence of an active helium system (and hydrocarbon and hydrogen) within EP127
The Company believes that while continuing to review the potential for hydrocarbons in EP127 the geology suggests that the focus should be on the rare earth gases of helium and hydrogen which would be transformative to the Company ....

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