Venus results boost Pure Hydrogen confidence

Pure Hydrogen has recorded an initial gas breakout at its Venus-1 well, located on Project Venus in Central Queensland, after only 50 barrels of water production.

The early gas breakout confirms the interpreted high gas saturation of the target Walloon coals.

The company reported that the breakout gas rate, estimated at 84,000 cod, is expected to continue to increase as the controlled pressure draw down expands radially into multiple high gas saturated coal reservoirs from the low cost Venus-1 vertical production well.

IamFire plc (AQSE:FIRE) is an Investment Issuer Listed on the AQSE Growth Market Exchange. The company has an investment strategy focused on the identification of opportunities in Life Sciences, Technology & Natural Resources.

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