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Pure Hydrogen (ASX:PH2) share price is falls 5% despite positive update


Pure Hydrogen (ASX:PH2) share price is falls 5% despite positive update
Aaron Teboneras
© Provided by The Motley Fool
A woman with big hair reacts in shock, indicating a massive share prise fall
The 
Pure Hydrogen Corporation CDI (ASX: PH2) share price is sliding during early-afternoon trade. This comes despite the company announcing an update on the Serowe Project in Botswana.
At the time of writing, the oil and gas exploration company’s shares are fetching for 24 cents, down 5.88%.
What did Pure Hydrogen announce?
Investors are dragging Pure Hydrogen shares down today regardless of the company’s latest progress report.
According to its release, Pure Hydrogen advised that its joint venture partner, BotsGas will commence spudding this week. The drilling campaign in Project Serowe aims to confirm geological modelling of the area to extract coal bed methane (CBM). ....

Scott Phillips , Scott Brown , Pure Hydrogen , Pure Hydrogen Corporation , Motley Fool , Serowe Project , Project Serowe , Motley Fool Share Advisor , ஸ்காட் பிலிப்ஸ் , ஸ்காட் பழுப்பு , தூய்மையானது ஹைட்ரஜன் , தூய்மையானது ஹைட்ரஜன் நிறுவனம் , மோட்லி முட்டாள் ,

Pure Hydrogen Stimulates Queensland Well


Pure Hydrogen Stimulates Queensland Well
Mar 12, 2021 4:11:am
Summary
by: Shardul Sharma
Posted in:
Pure Hydrogen Stimulates Queensland Well
Australian explorer Pure Hydrogen Corporation, formerly Strata-X Energy, has completed the stimulation of Venus 1 coalbed methane (CBM) pilot well in Queensland, it said on March 12.  
“The stimulation of Venus 1 has been successfully completed. There was a material improvement in water influx post-stimulation based on short-term water influx tests before and after stimulation,” it said. 
The next stage is to set up the well for an initial three-month duration flow test. The work to set up the well for flow testing is planned to start next week with the flow test scheduled to start by the end of the month, it said.  ....

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