First Helium Inc brought the 4-29 light oil well into production on April 8th, 2022 with an average production rate of 144 bbl/d of 36 degree light oil, with an average oil cut of 50%. The company expects that it will receive a net revenue of C$1.4 million for its April sales from the 1-30 and 4-29 wells, sometime in late May.
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NASA gave its comments on the helium supply risk to the USGS. The potential sale of the reserve, as well as the ongoing worldwide helium shortage and market volatility, could lead to supply disruption
The Navajo Transitional Energy Company (NTEC) submitted its public comment on the U.S. Department of Interior’s recently published RFC on Helium Supply Risk. NTEC believes that Helium warrants LCM inc
This is a significant move that means that there is likely to be more financing opportunities for helium development in Europe and it likely puts more pressure on the US to reverse its decision to rem