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Royal Helium Ltd. V.RHC.WT.B


Primary Symbol: V.RHC Alternate Symbol(s):  V.RHC.WT.A | RHCCF

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Post by Just1Questionon Mar 23, 2024 1:23am
344 Views
Post# 35948525

February Petrinex data is interesting (Alberta Public Data)

February Petrinex data is interesting (Alberta Public Data)With one well shut in, and one operating, Helium outbound was12,779.60 Cubic Meters and 306.7 cubic meters added to inventory or perhaps into the next trailer.   

Using Canadian units of Cubic Meters which is what the Alberta Energy Regulator uses, pricing should be around $19 per cubic meter. 

$19 is the metric pricing equivalent of the average $538 per MCF mentioned in news..  

Download the February Database and search the file using "IMPERIAL HELIUM" to see all datapoints

https://www.petrinex.ca/PD/Pages/APD.aspx

Conventional volumetric data download, 2024 , 2

Cheers
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