North American Helium (NAH) completed its sixth helium purification facility in Saskatchewan, doubling the total productive capacity at Mankota to over 50mmcf/y with current annualised volumes at 130mmcf for the whole company. It plans to bring on a further facility in Q4'23. It is also adding a second rig enabling it to drill 30 wells this year so support further growth in 2024. NAH signed two new multi-year sales contracts and successfully renegotiated several price re-openers on current contracts, at prices that better reflect the current market.
top of page
Search
Recent Posts
See AllIn a significant move, helium has been designated as one of the critical minerals in the UK’s 2024 Critical Minerals List, underscoring...
China is intensifying its efforts to reduce dependence on US semiconductor technology, following government-backed industry associations'...
In Sep'23, Russia commenced helium exports from its Amur Gas Processing Plant. However, in Sep'24, the EU imposed sanctions against...
bottom of page