Advancements in Helium Resource Development in North America and Australia
Key Ideas
- M3 Helium signs exclusive agreement with Scout Energy to develop helium resources in Kansas' Hugoton Gas Field, planning to drill up to 200 wells by 2026.
- Several companies, including Helium One Global Ltd and Pulsar Helium Inc., are finalizing agreements and advancing projects in Colorado and Minnesota for helium exploration and production.
- Georgina Energy PLC progresses on the Hussar helium and hydrogen project in Western Australia, with a fully-funded drilling program, and advances the Mt Winter project.
- AFC Energy announces an agreement to deploy a 45kVA H-Power System in Saudi Arabia, featuring a fuel cell generator and hydrogen energy storage, in collaboration with TAMGO.
Mendell Helium's CEO Nick Tulloch discussed M3Helium's farm-in agreement with Scout Energy to develop helium resources in Kansas' Hugoton Gas Field. The agreement covers 161,280 acres for drilling up to 200 wells by 2026. Synergia Energy finalized a farm-out deal with Selan Exploration for a stake in the Cambay PSC. Helium One Global Ltd secured a 50% stake in the Galactica-Pegasus helium project in Las Animas, Colorado, for six development wells. Deltic Energy PLC announced a gas discovery at the Selene prospect in the southern North Sea. Empyrean Energy plc raised £1.12 million for its oil and gas projects. Georgina Energy PLC progresses on the Hussar helium and hydrogen project in Western Australia and the Mt Winter project. Helium One Global Ltd advances its Galactica Pegasus helium project in Colorado. Pulsar Helium Inc. provides an operational update on the Topaz Project in Minnesota. AFC Energy signs an agreement to deploy a 45kVA H-Power System in Saudi Arabia with TAMGO for operational localization and piloting programs.
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