In the quarter to 30 June 2025, First Helium completed its two-well helium drilling programme at Worsley with the 7-15 and 7-30 wells and plans to bring the wells onstream in autumn 2025, subject to securing a JV agreement or additional funding.
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AirLife Gases, an Indian multinational helium supplier, signed a definitive agreement to acquire a controlling stake in GNG, a US helium gathering, processing and liquefaction infrastructure company.
Pulsar Helium raised ~US$25mm, upsized from an initial US$20mm target after strong investor demand, through a share placing, a direct subscription and a small retail offer, all priced at 75p/sh (~10%
Natural hydrogen exploration is accelerating globally, with junior companies raising over US$1bn in the past three years, according to NaturalHy (a financial consultancy).