Tuesday, April 02, 2024 5:28:42 PM
https://www.globalhelium.com/wp-content/uploads/2024/03/24-03-07-HECO-Full-Deck-March-FINAL.pdf?_gl=1*1m6zv8t*_gcl_au*MTg0OTU1MzcyLjE3MTIwNzMxMzY.*_ga*NDU5MzYzODc5LjE3MTIwNzMxMzc.*_ga_CT8KQ8LNQK*MTcxMjA3MzEzNi4xLjAuMTcxMjA3MzEzNi4wLjAuMA..&_ga=2.128876426.783889344.1712073137-459363879.1712073137
Farm-in agreement with established natural gas producer, Perpetual Energy (TSX: PMT), on land in SE Alberta (Medicine Hat)
• 2 wells drilled on PMT land adjacent to existing helium discovery and a peer’s newly constructed helium plant
• 1st well drilled & cased (Sep/23) with 1.1% helium concentration; 2nd well drilled & cased (Nov/23) providing valuable data informing future exploration
• Access to PMT’s seismic and regional data helps reduce risk, with added confidence from area activity
• Additional development opportunities across
~369,000-acre AMI with PMT
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