Black Mountain Energy Ltd (ASX:BME)
Black Mountain Energy Ltd is an Australia-based is an energy and resources company. The Company is focused on identifying, developing and operating projects in hydrocarbon-rich basins. It specializes in identifying and capturing opportunities in the global energy sector. It is developing an unconventional drilling approach and forging a path for smarter natural gas extraction, unlocking Project Valhalla in Washingtons (WAs) Canning Basin to create a new natural gas resource. Its Valhalla Project (EP371) is in the Fitzroy Trough, west of Fitzroy River in WA’s north, about 2,500 kilometer (km) from Perth. The permit area covers approximately 3,662 square kilometer (km2) in the Canning Basin.