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Global Helium Announces Positive Updates on Alberta Helium Wells

Global Helium reported successful production testing of its 10-08 exploratory well in Southeast Alberta, yielding ~4.1mmcf/d of raw gas with helium concentrations between 0.6% and 0.68% after addressing initial wellbore damage. This marks the company's second commercially viable helium discovery, following its first at 09-04 well in Oct'23 which had a helium concentration of 1.1%. With ongoing development plans and a new seismic review agreement covering Saskatchewan acreage, Global Helium is set to expand its operations in the Medicine Hat area and further its collaborations with potential offtake partners.

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