Ascent Resources Grants Neometals an Option to Access Paradox Basin Wells

AKAP
7 days ago
3 min read

Ascent Resources and American Helium (AH) have signed an option agreement giving Neometals and Omaha Value, two mineral exploration companies, a 60-day exclusive period to negotiate access and use rights over Ascent/AH’s existing wells and leases in Utah’s Paradox Basin for the evaluation and potential extraction of lithium- and potash-bearing brines.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Mendell Outlines Fort Dodge Expansion Plans and Extends Option to Acquire M3 Helium

Mendell provided an update on its strategy to scale helium production around M3 Helium’s Rost 1-26 well in Kansas, identifying multiple new drilling locations within the same narrow channel formation

Airlife Takes Control of Royal Helium; Restructuring Completed and Production Restart Planned

Airlife Gases has acquired 52.9% of Royal Helium through a reverse-takeover restructuring that brings the company out of Companies' Creditors Arrangements Act (CCAA) proceedings and places Airlife in

Pulsar Helium Completes Jetstream #4 and Appoints Senior Commercial Lead

Pulsar Helium appointed Edelgas Group’s CEO Cliff Cain as Manager of Commercial & External Affairs, while advancing its multi-well programme at the Topaz project in Minnesota.