Global Helium reported its Q2'24 results, highlighting progress across its Alberta, Saskatchewan, and Montana operations. The company drilled and tested two wells in the Manyberries helium trend in Alberta, securing a 75% lease interest in 22 sections of helium-prospective land. Additionally, Global expanded its asset base with the acquisition of two new sections of land in Northern Alberta and continued to explore opportunities in Saskatchewan through its partnership with North American Helium. In Montana, the company completed a pre-FEED study for a helium purification facility at its Rudyard asset. The company ended the quarter with a net loss of C$620k, a cash position of C$1.3mm, and total assets of C$8.4mm.
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See AllGlobal Helium reported successful production testing of its 10-08 exploratory well in Southeast Alberta, yielding ~4.1mmcf/d of raw gas...
Global Helium successfully drilled the 10-08 well in Southeast Alberta, confirming it as a commercially viable helium source, with raw...
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