• Over 30,000 acres secured at Serpentine Natural Hydrogen Project
• Project area is in the heart of a globally significant land rush for natural hydrogen
• Highly competitive leasing environment with landowners receiving multiple offers

Top End Energy (ASX: TEE) has announced a significant expansion of its lease holdings at the Serpentine Natural Hydrogen Project in Kansas, USA. The company has now secured over 30,000 acres of prospective infill land adjacent to its existing leases and the Koloma well sites. The project area is situated in the heart of a globally significant land rush, driven by historical hydrogen observations and ongoing exploration by Koloma and HyTerra in the region. The highly competitive leasing environment has seen landowners receiving multiple offers to lease their land, underscoring the strategic value of the project area. With the critical mass of acreage now secured, Top End Energy is shifting its focus to key pre-drill activities, including technical appointments, a prospective resource estimate, and well site selection, ahead of applying for drilling permits. The company is also advancing discussions with potential strategic development partners to unlock value for shareholders. The recent drilling results from HyTerra in the nearby Riley County, which confirmed hydrogen concentrations of 96.1%, have further validated the region's potential for focused exploration and future development.

Top End Energy is advancing its pre-drill strategy at the Serpentine Natural Hydrogen Project, with a focus on technical appointments, prospective resource estimation, and well site selection, ahead of applying for drilling permits. The company is also engaging with potential strategic development partners to progress the project.