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MAX Power Enters Into Collaboration with Petroleum Technology Research Centre to Accelerate Natural Hydrogen Development
Globenewswireยท 2025-10-10 12:00
Core Insights - MAX Power Mining Corp. is advancing towards drilling on the Genesis Natural Hydrogen Trend in Saskatchewan and has established a long-term strategic collaboration with the Petroleum Technology Research Centre (PTRC) to position Saskatchewan as a leader in Natural Hydrogen exploration and development [1][2][7]. Company Overview - MAX Power is focused on the Natural Hydrogen sector, holding approximately 1.3 million acres (521,000 hectares) of permits for exploration, with high-priority drilling targets identified for Q4 2025 [13]. - The collaboration with PTRC aims to leverage their expertise in subsurface geology and clean energy, enhancing MAX Power's capabilities in Natural Hydrogen exploration [4][11]. Collaboration Details - The Memorandum of Understanding (MOU) between MAX Power and PTRC is effective immediately and will guide their collaborative efforts over the next three years [2]. - PTRC will utilize advanced analytical techniques and equipment to evaluate the potential for Natural Hydrogen production as MAX Power begins its drilling program [5][8]. Strategic Importance - The partnership with PTRC is expected to provide third-party validation and technical oversight, significantly de-risking MAX Power's exploration efforts and reinforcing its leadership in the Natural Hydrogen sector [11]. - The collaboration marks a significant milestone in advancing sustainable energy innovation in Saskatchewan, focusing on the exploration and potential development of Natural Hydrogen resources [7].