top of page

Grand Gulf ups stake in Red Helium Project to 70%

Grand Gulf now has more skin in the game at the Red Helium project by increasing its working interest from 55% to 70% after meeting earn-in requirements for the first well. It follows the company contributing the first US$1.5mm for the cost of drilling the successful Jesse#1A well in Utah, which had intersected a 203 ft gas column with gas concentrations ranging from 0.44% to 0.65%.

Want to read more?

Subscribe to to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Koloma Raises US$246mm to Pursue Natural Hydrogen

Koloma, a startup pioneering the extraction of carbon-free hydrogen from natural underground deposits, secured $245.7mm in a recent financing round. Backed by leading investors, including Bill Gates,

Proton Green Corrects CEO's Background and Role

Proton Green issued an amendment to correct a mistake in the educational background of Mr. Steven Looper, a newly appointed officer and director, previously misreported as having a BBA from West Texas

bottom of page