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FOOTHILLS EXPLORATION INC. PROVIDES UAS (Unmanned Aerial System) JOINT VENTURE UPDATE
FOOTHILLS EXPLORATION INC. PROVIDES UAS (Unmanned Aerial System) JOINT VENTURE UPDATE.
About this update from Foothills Exploration, Inc
[{"type":"text","content":"\n LOS ANGELES, CA, May 16, 2022 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC: FTXP) (\"Foothills\" or the \"Company\"), an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow is pleased to announce an update on its joint venture with Perspectum Drone Inspection Services, Ltd. (“Perspectum”). Natural hydrogen exploration is gaining momentum globally as demand for low-cost carbon-free hydrogen continues to grow exponentially. For example, in the state of South Australia, since February 2021, a total of 18 exploration licenses have been granted or applied for by six different companies searching for natural hydrogen on lands covering about one-third of the state. The Company plans to start marketing the joint venture’s drone reconnaissance services for the delineation of the lands contained in these 18 exploration concessions. The Company, through its joint venture, also plans to begin unmanned aerial surveys over the lands in the White Lightning Prospect through its participation agreement with Pristine Energy, Inc. Update on Joint Venture with Perspectum HHe Exploration Technologies, Ltd. (the “Joint Venture,” the “JV,” or “HHe”) has integrated its hydrogen sensor with its Unmanned Aerial Vehicle (“UAV”) and it has been test flown to evaluate the navigational and stability performance of the platform. Field testing under optimum conditions is being pursued but to date HHe has experienced unusually cold and snowy spring weather conditions at its test site. HHe expects to be in the field testing the sensor detection and mapping software in the coming days. HHe believes the combination of optical gas imaging and ambient air analysis provides a novel solution for identifying hydrogen in the most minute volumes and concentrations. Additionally, a collaboration with a research and technology industry partner is allowing the joint venture to evaluate next generation UAVs, which will have heavier payload capacity, extended flight times and fully autonomous navigation capabilities. These evolved platforms will allow multi-sensor array capabilities of existing and futuristic technologies resulting in the acquisition of the most advanced data possible. “We are very pleased with our progress to date pertai...