Global Helium Acquires Second Helium Property in Montana

Global Helium has acquired further acreage over the Rudyard helium prospect in Montana. This newly acquired area is situated on a well-known, helium-proven structure, which has previously produced and tested 1.3% helium at significant flow rates. The most recent well tested at 2.5mmcf/d and 0.9% helium, a lower rate than the initial discovery well, despite very close proximity. The company has also taken steps to secure offtake agreements from global industrial gas suppliers to commence production at Rudyard.

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