GGE’s Potential Pivot from Helium after Acquisition of Antimony Project

Feb 6
1 min read

Grand Gulf Energy (GGE) acquired an 8k acre Antimony Project in Utah that involved annual payments of US$3/acre, totalling US$24.4k in the first year. GGE has undertaken this project, whilst its Red Helium Project in Utah has been idle since it drilled its 2023 discovery well. During Q4’25, the company said that it was in advanced discussions with prospective partners for a proposed 3D seismic survey. Previously in April 2025, GGE indicated a pivot from helium after acquiring an offshore Namibian oil and gas asset. After acquiring this new Antimony Project, we believe that GGE may sell its Red Helium Project or write it off.

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