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Underground energy gold rush: Fortescue bets big with A$21.9M on geologic hydrogen in the HyTerra deal.
In my personal opinion, this could be a game-changer for geologic hydrogen. Think about it: 1. Fortescue is buying 39.8% of HyTerra 2. They'll use the money to look for hydrogen in more places 3., They're planning to drill 6 wells instead of just 2 This made me wonder: Could geologic hydrogen be the next big thing in energy? Let's look at some numbers. @Paul Dial shared this interesting info about U.S. oil production: • 1859: 2,000 barrels • 1879: ~20 million barrels • 1906: ~126 million barrels • 2024: ~5 billion barrels Could we see a similar growth for geologic hydrogen? Yes or no? What do you think this development means for the future of hydrogen? Will we see the next project after Mali soon? Or is it too early to tell? P.S. You can follow the discussion on LinkedIn here
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New comment 6h ago
Underground energy gold rush: Fortescue bets big with A$21.9M on geologic hydrogen in the HyTerra deal.
Hello from Irvine and Vietnam!
Green hydrogen economy being promoted in Asean!
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New comment 6d ago
Hello from Irvine and Vietnam!
We’ve summarized the latest Hydrogen Investments. Here's how you can find your next investor or investment:
The hydrogen industry is busy with new projects and big changes. Let's look at the main events: In this post, we'll talk about: → Fortescue's investments in Hyproof and HyTerra → HD Hyundai's acquisition of Convion → BP's stake in Zhejiang Jiaao Enprotech's SAF unit → Lion Energy's green hydrogen hub deal → Power to Hydrogen and Drift Energy funding rounds → Government support for Next Hydrogen → Major investments in Tallgrass Energy and VSParticle → Ten08 Energy's partnership with Navigator Holdings And many more. Check out the slides below - we have something for you at the end. P.S. Did you know that Fortescue is investing in both membrane technology and natural hydrogen exploration? How do you think this will change the hydrogen market? Tell us what you think below 👇 P.P.S. You can join the discussion on LinkedIn here
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3rd community call: Noteable hires in the industry
Yesterday, @Chad Levesque from Max Power and @Aaron Mattson from Mafic Consulting Group joined. We talked about the following low-carbon hydrogen news. Former Cameco Chairman Neil McMillan Joins joins Max Power as strategic advisor. This is notable since Cameco is one of the most known uranium companies. Chad explained how Max Power started as a lithium company and extended to geologic hydrogen. Aaron raised some important questions like the electrification of our grid with hydrogen and what Max Power is planning for the future. There is a good runway but another funding round wouldn't come with a surprise. Another notable event that was discussed in our call is the latest hire of HyTerra from Shell. HyTerra has appointed former Shell Chief Scientist and globally renowned geophysicist, Dr Dirk Smit as Chief Geophysicist. What do you think these hires mean for the industry's future? Do you think the U.S. election impacts the industry? Do you expect bigger announcements before the election happens? Let us know below.
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New comment Jul 20
Collecting E&P Info for Investors
Mafic is collecting natural hydrogen bio information on E&P companies for a comprehensive investor education resource. If you are interested in having your company listed as a natural hydrogen explorer, please shoot an email ASAP to aaron.mattson@maficconsultinggroup.com with a investor deck you don't mind me sharing and or any information you would like me to include (aka what makes you different). This will not be made public, but will be incorporated into resources provided to investors seeking information. Please share and repost so I can provide the best info to investors looking to better understand your company's. If you are still in stealth, you can still share and I will keep that info out of the domain and on a separate list I will only share with your permission. Please repost and share so we get all explorers included and drum up investment for natural hydrogen!
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New comment Jul 6
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