Global Helium has signed an agreement to increase its landholdings in Southern Alberta by 10,880 acres to 31,360 acres. The company has also agreed on a joint venture with Perpetual Energy Inc to drill at least two helium wells by the end of 2023. The venture will see Global direct and control all operations within the joint venture and maintain a 75% working interest, with Perpetual retaining the remaining 25%.
Global Helium Expands Land Position in Manyberries Field
Want to read more?
Subscribe to www.akapenergy.com to keep reading this exclusive post.
Subscribe Now