Grand Gulf Energy secures helium offtake agreement for Red Helium

Mar 15, 2022
3 min read

Grand Gulf Energy secured a helium offtake agreement with Paradox Resources after signing a gas sales and processing agreement. Paradox owns the Lisbon helium processing plant, which is about 35km north of Grand Gulf’s Red Helium project in the US state of Utah. This agreement provides a path to monetisation of the maiden pure-play helium well, Jesse#1.

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