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PetroSun to Market Helium Production from the Holbrook Basin

PetroSun has entered into an agreement with Desert Mountain Energy to market future production from commercial helium discoveries on PetroSun leaseholds in the Holbrook Basin to Desert Mountain's McCauley processing facility. Under the agreement, Desert Mountain will have the right to approve any sales of gas based on gas composition, available processing capacity, and pricing. PetroSun's Manuel Seep wellbore is awaiting perforation and testing to determine commerciality. The agreement provides PetroSun with a flexible path to market new helium production until the Company is ready to construct its own processing plant.

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