H&P attended HNAT, the flagship Natural Hydrogen (“NatH2”) conference held in Paris this week. The conference had a large attendance of ~400 people in person and more online, reflecting growing interest in this nascent sector with only a handful of exploration wells drilled. We estimate that there are over 50 companies pursuing NatH2 and there are dozens of countries that have been identified as having prospectivity for NatH2. The industry has raised ~US$500mm to date with the vast majority by U ....
