Whitebark Energy Ltd (AU:WBE) has released an update.
Whitebark Energy Ltd has resumed production at its Wizard Lake wells, resulting in a total output of 242.6 BOE per day, with the company’s share being 24.26 BOE/day. This resurgence in production, backed by a recent transaction which relieved Whitebark of associated expenditures and debt, is set to boost development funds for its South-West Queensland Hydrogen Hub. The company is positioning itself as a future leader in Australia’s Green Hydrogen and Geothermal energy markets, leveraging revenues from Wizard Lake to finance its renewable energy endeavors.
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