Penspen and Halo Capital have partnered to accelerate the development of two of Australia’s most significant energy redevelopment projects – Hussar and Mt Winter – unlocking vast helium and hydrogen reserves critical to global supply chains and the transition to cleaner energy.
Hussar, located in Western Australia’s Officer Basin, and Mt Winter in the Amadeus Basin, Northern Territory, are recognised as prospects of significant national importance. With proven reserves and fresh drilling applications underway, both sites have the potential to deliver significant volumes of helium and hydrogen – gases central to medical technology, industrial processes and the decarbonisation of global energy systems.
“We are delighted to work with Halo Capital as engineering partner on this transformative development in Australia.
Our unwavering aim is to improve access to secure and sustainable energy, and Hussar and Mt Winter offer tremendous potential to address the growing gap between supply and demand for helium, as well as further develop hydrogen’s critical role in decarbonising global industrial sectors.
Penspen’s extensive experience in the delivery of low carbon infrastructure systems, from feasibility and conceptual studies to detailed design and ongoing operations and maintenance, means we are well placed to support Halo Capital in the development of this project of national importance.” Peter O’Sullivan, Penspen CEO
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