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flag Whitebark Energy's Warro gas project breakthrough boosted shares 85% amid potential massive onshore gas reserves.

flag Whitebark Energy’s shares jumped 85% to 13 cents after announcing a breakthrough at its Warro gas project in Western Australia, unlocking a potentially massive onshore resource of 4.4 to 11.6 trillion cubic feet. flag A new analysis identified viable gas zones in the Lower Yarragadee Formation, overcoming past issues with water intrusion that stalled development since a 1977 discovery. flag The project’s proximity to existing infrastructure and rising gas prices in WA enhance its prospects. flag The company raised $750,000 at market price, with leadership investing personally, to advance re-completion plans. flag Meanwhile, exploration continues at its Rickerscote prospect in South Australia, which may hold natural hydrogen, helium, and oil.

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