Northwire Canada EditionSaturday, July 25, 2026
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M&A / Property

Max Power enters deal to work with PTRC in Regina

MAXX · Price

Executive Summary

  • Max Power Mining Corp. has signed a three‑year Memorandum of Understanding with the Petroleum Technology Research Centre (PTRC) to accelerate natural hydrogen exploration in Saskatchewan.
  • PTRC will provide advanced analytical labs, subsurface reservoir characterization, core testing, and co‑development of low‑emission technologies for Max Power’s natural hydrogen program.
  • The partnership is positioned as a key de‑risking factor and credibility boost for Max Power’s district‑scale natural hydrogen land package and upcoming Q4 2025 drilling campaign.

Key Details

  • Collaboration Scope: Long‑term (3‑year) technical collaboration effective October 2025.
  • Laboratory Access: PTRC will use its state‑of‑the‑art energy innovation hub labs for advanced analytical and interpretive techniques on natural hydrogen reservoirs.
  • Subsurface Expertise: PTRC brings decades of experience in CO₂ storage, geothermal energy, enhanced oil recovery, and compressed air energy storage to characterize Max Power’s targets.
  • Core & Rock Services: Includes industrial CT scanning, mapping, rock‑mechanical testing, and other geological support activities.
  • Co‑Development Opportunities: Joint work on low‑emission technologies related to natural hydrogen production and commercialization.
  • Strategic Rationale: Provides third‑party validation, technical oversight, and institutional credibility, significantly de‑risking Max Power’s exploration efforts.
  • Future Drilling Plans: Supports the planned Q4 2025 drill program on identified high‑priority targets within the 1.3 million‑acre natural hydrogen land package.

Notable Quotes

“We’re honoured to enter into this long‑term collaboration with the Petroleum Technology Research Centre… Their expertise in subsurface geology is recognized around the world, and they are passionate about carving out a niche for Saskatchewan in natural hydrogen.” – Mansoor Jan, CEO, Max Power Mining Corp.

“PTRC is very eager to support natural hydrogen in Saskatchewan, utilizing our subsurface expertise with CO₂ storage, geothermal and CAES.” – Ranjith Narayanasamy, President & CEO, PTRC.

Read the original news release →

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