Gold Hydrogen (ASX:GHY) said the phase one of helium flow testing program at its Ramsay 3 well within the Ramsay project in South Australia was successfully completed, according to a Tuesday Australian bourse filing.
A productivity index of around 40 barrels per day per for every pound per square inch allowed this lower reservoir interval to provide up to 13,000 barrels per day of fluids and gas to surface, the company said.
The company's shares fell nearly 3% in recent trading on Tuesday.
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