Hybrid Energy Australia is a wholly-owned subsidiary of ASX-listed and Perth-based oil and gas exploration and production company Strike Energy Limited.
The technical work being conducted in Adelaide is managed from Perth, Western Australia.
Hybrid Energy Australia holds petroleum and mineral exploration licences over large lignite (coal) deposits adjacent to the northern edge of the Otway Basin near Kingston in South Australia’s South East.
The Project has the potential to play a key role in meeting Australia’s growing demand for liquid transport fuels and power generation in an environmentally responsible manner.
One of the company's highest priorities is to establish an ongoing communications and consultation process, which aims to achieve widespread stakeholder engagement and active sourcing of feedback, for inclusion in the company's planned Feasibility studies.