Black Mountain Energy Ltd is an Australia-based energy and resources company. The Company is focused on identifying, developing and operating projects in hydrocarbon-rich basins. It specializes in identifying and capturing opportunities in the global energy sector. It is developing an unconventional drilling approach and forging a path for smarter natural gas extraction, unlocking Project Valhalla in Washington’s (WAs) Canning Basin to create a new natural gas resource. The Company is developing petroleum Exploration Permit EP 371, known as Project Valhalla, in Western Australia’s Canning Basin region. Its Valhalla Project (EP371) is in the Fitzroy Trough, west of Fitzroy River in Western Australia’s north, about 2,500 kilometers (kms) from Perth. EP 371 covers approximately 3,660 square kilometers (km2) within the Canning Basin.