- Feb 1, 2021
- 3 min read

Tumbleweed Midstream Signs a 10 Year Helium Sales Agreement

Tumbleweed has entered into a 10-year take-or-pay agreement with a global tier-1 helium supplier for Tumbleweed’s helium production from the Ladder Creek plant. The value of the contract could exceed US$500mm depending on the final production coming from the plant. The agreement also provides Tumbleweed with a unique option to sell up to 10% of its helium production to third-party buyers who need to make non-scheduled purchases of helium on the open market.

Want to read more?

Subscribe to www.akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

DME Updates Shareholders on Operations and Expansion Plans

Desert Mountain Energy (DME) currently holds ~C$19.7mm in cash, thereby remaining in a strong financial position. Recent well swabbing activities at the McCauley Helium Processing Facility indicate th

Proposed Amendments to US BLM Storage Contracts Before Sale

In a letter from the US BLM facility, storage contract holders were informed about proposed amendments to their FY 2022-2027 storage contracts in preparation for the sale of the Federal Helium System.

Hy Stor Aims to Use Salt Domes to Store Hydrogen

Hy Stor Energy has applied for federal funding from the US Department of Energy to support its Mississippi Clean Hydrogen Hub project. The company plans to utilise subterranean salt domes in southern