HyTerra Ltd. provided an operations update for Project Geneva in Nebraska. The first phase of operations is underway with SOS Well
Services, completion rig #21 arriving at the Hoarty NE3 well site on Friday 3 March (US time). The rig crew are now preparing to run the production tubing and an electrical submersible pump. This process is expected to take until mid-March and once complete, the rig will demobilise. The pump will then dewater the well to remove the hydrostatic pressure on subsurface gases. This is anticipated to allow hydrogen-enriched gases to flow freely from two prospective zones. These zones are associated with elevated hydrogen concentrations detected during drilling and swabbing operations and were further defined by petrophysical analysis as having increased porosity and gas saturation. The second phase of the operation is the extended flow testing which will record gas flow data over several months to establish the hydrogen production potential of the well and measure key parameters that include gas composition, pressure and flow rate. Well data will be continuously measured on location and gas samples will be captured for
independent laboratory analysis. These analyses will focus on the concentrations of hydrogen and other commercially significant non-hydrocarbon gases (e.g., Helium) that may coexist in the gas stream.