Getech, a world-leading locator of subsurface resources, has announced from the Paris H-NAT 2024 natural hydrogen conference that it has won two contracts with Kingfisher Energy Corporation, the private international exploration company, to locate natural hydrogen and helium accumulations in Canada. Initially focused on North America, Kingfisher has narrowed its search over the last year to a previously overlooked exploration fairway in Canada with significant hydrogen and helium potential.
Getech was approached by Kingfisher to deploy its gravity and magnetics capabilities and geoscience understanding to analyse this region and add to Kingfisher’s own technical expertise and access to local data. The contracts have commenced and the two companies are working successfully together with a series of potential project areas for both hydrogen and helium already identified.
Over the coming months, Getech will continue to conduct a comprehensive data-led analysis of the key areas of interest, leveraging its subsurface focussed artificial intelligence (AI) capabilities. Ultramafic rock formations with potential hydrogen deposits show up particularly well in magnetic and gravity data maps. Getech has substantial magnetic and gravity data, and uses this to provide structural mapping, depth-to-basement and basement composition analysis alongside highly sophisticated machine learning techniques to locate prospective areas for commercial hydrogen and helium accumulations. The insights from Getech’s analysis will significantly accelerate Kingfisher’s process to select prospective areas.
Investor interest in natural hydrogen and helium is growing across the globe. Reflecting this trend, Kingfisher anticipates expanding its exploration strategy for both resources and, to support this, Getech and Kingfisher have also signed a strategic collaboration agreement to facilitate extending the working relationship beyond Q1 2025.
Richard Bennett, CEO at Getech, commented:
'We are delighted to be working with the Kingfisher team. Hydrogen and Helium are nascent industries, but we are becoming increasingly well placed in both markets. Made possible by our industry leading gravity and magnetic data set that covers the whole globe coupled to our market leading interpretation capabilities. This is a significant commercial advantage and one we will bring to bear to support Kingfisher commercialise their exploration objectives.'
Brian Glover and and Murray Rodgers, Co-Chair/CEO’s at Kingfisher, commented:
'With Getech’s world-class geoscience solutions and their track record in resource exploration, we are well-positioned to advance our natural hydrogen and helium projects. This collaboration strengthens our ability to deliver on our commitment to pioneering clean energy solutions in North America.'
Source: Getech
