Helium is Vital to the Advancement of Science and Technology
High-Grade American Asset
Pinta-South Helium Project contains ultra-high helium concentration of 5-8% in the prolific Holbrook basin of Arizona (vs. 1-2% in Western Canada).
9 wells connected to pipeline with 10 additional wells in various stages of completion and significant expansion potential of over 300 wells.
Shallow low-risk wells with drilling and estimated completion costs of US$220,000
Partnership with the world’s largest industrial gas and chemicals manufacturing company, including funding for pipeline construction and off take agreement for the first 10 wells.
Pinta-South is free of hydrocarbons, with nitrogen as the sole-by-product, easily vented into the atmosphere through processing with no greenhouse emissions.
Rapidly Growing Helium Market
Global helium market is set to expand from $4.45 billion in 2022 to $13.26 billion by 2030 (12.9% CAGR).
Strong Pricing Trend
In the last 20 years, helium pricing has increased at a CAGR of 8% reaching $457/mcf in January 2023