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Global Helium (HECO) has assembled attractive assets for helium development, highlighted by our flagship southeast Alberta asset on the Manyberries helium trend, and our unique strategic partnership with Perpetual Energy Inc. (TSX: PMT).
Global Helium’s SE Alberta land surrounds a proven helium well, and geologic mapping of subsurface trends indicates the potential for vast quantities of helium gas
Manyberries helium trend currently represents southern Alberta’s most sought-after helium development area driven by an existing well proven to produce helium at a concentration of 1.2%
Region offers numerous benefits for resource development, including favourable geology, efficient cost structure, ample infrastructure, a skilled workforce and business-friendly royalty regime
Global Helium (HECO) to drill two helium wells in 2023 on Perpetual land situated in the Manyberries helium trend
HECO is well positioned to set a new standard for successful helium development with attractive assets, a conducive market and supportive characteristics:
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HECO intends to extract helium where nitrogen (not hydrocarbon gas) makes up the bulk of the carrying gas, making it much less expensive and much more environmentally friendly to produce and process
Recoverable helium will be identified by readily available:
Global Helium intends to utilize readily available gas processing equipment to separate and refine gaseous helium at, or near, the wellhead
Depending on economics, HECO may consider constructing a liquefaction facility near our properties in order to consolidate production, and refine gaseous helium into liquefied helium for cost effective shipment to buyers already identified by the HECO team
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