top of page

NASCO closes financing deal with Crestline

NASCO Energie & Rohstoff has acquired financing from Crestline Investors, Inc.’s Fund Liquidity Solutions Group. The proceeds are going to be used to purchase the working interest and to expand helium production. NASCO owned 60% interest at the helium gas field in Arizona and post financing, it will own 80%. This additional working interest means additional access to proven, producing helium reserves (1P) in Arizona. The company has also obtained a 13-year take-or-pay agreement with a North-American buyer that guarantees the purchase of certain volumes at pre-negotiated prices.

Want to read more?

Subscribe to to keep reading this exclusive post.

Recent Posts

See All

Proton Green Q1'24 Results: Running Low on Cash

Proton Green generated helium revenue of US$222k in Q1’24 through the sale of 459mcf of helium, implying a price of US$484/mcf. Despite this, the company faced higher costs, with operating costs at US

Royal Helium Q1'24 Results; ~1mmcf Helium Sold

Royal Helium reported its Q1'24 results after an active quarter. The company reported helium revenues of C$819k (or ~US$600k), which it sold at its previously agreed contract price of US$625/mcf. Alth


Kommentare konnten nicht geladen werden
Es gab ein technisches Problem. Verbinde dich erneut oder aktualisiere die Seite.
bottom of page