Provaris Energy PV1.AX · AUD

Its shares trade on ASX under the ticker PV1.AX. It has been listed since 21 March 2005. In the fiscal year to 30 June 2024, it reported revenue of A$67,600 and a net loss of A$6.1m. At that date it held total assets of A$1.2m and shareholders' equity of A$228,600.

Provaris Energy Ltd. engages in developing solutions by way of compressed natural gas for stranded gas fields and investment in oil and gas resources, including exploration, development and production for oil and gas. The company is headquartered in Perth, Western Australia. The company went IPO on 2005-03-21. The company is focused on developing and investing projects across the hydrogen value chain, integrating its two gaseous hydrogen (GH2) carriers with hydrogen supply chains using compression. The company has two export projects undergoing feasibility studies: Tiwi H2 and the HyEnergy Project. The Tiwi H2 is an approximately 2.8 gigawatts (GW) renewable green hydrogen project for export markets into Asia, located on the Tiwi Islands, Northern Australia. Tiwi H2 is a compressed hydrogen project, with development underway for solar generation, transmission, H2 production and the export of up to 100,000 tons per annum of hydrogen. Its HyEnergy Project is located in Western Australia’s Gascoyne Region, Carnarvon and involves installing a wind and solar farm with a proposed renewable energy capacity of at least eight GW over a land area of circa 370,000 hectares.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. Gregory MartinNon-Executive Independent Chairman of the BoardA$219,250
• Mr. Martin CarolanChief Executive Officer, Managing Director, Executive Director, since 2019A$464,758
• Ms. Emma ConnorChief Financial Officer
• Mr. Per RoedChief Technical Officer
• Mr. Garry TriglavcaninProduct Development Director, since 2016A$441,274
• Mr. Norman MarshallCompany Secretary
• Mr. David PalmerNon-Executive Independent DirectorA$290,000
• Mr. Andrew PickeringNon-Executive Independent Director, since 2021A$191,500

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