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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  V.RHC.W.A | V.RHC.W.B | RHCCF

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Its exploration drilling at the Climax block in the southwest resulted in the discovery of the Climax Nazare zone. Its drilling in the southeastern side of the province has been initiated on the Ogema block. The Company’s properties are all in close vicinity to highways, roads, cities and oil & gas infrastructure. Its subsidiaries include Royal Helium Exploration Limited (RHEL) and Imperial Helium Corp (IHC).


TSXV:RHC - Post by User

Post by SkywalkerofLukeon Jul 12, 2022 3:30pm
123 Views
Post# 34818882

Recent News

Recent News

RHC.c RHCCF been relatively steady in the 30-40c range, but with their recent news I think we could see them move soon.


They announced last week the results of their nazare production modelling simulation and are currently evaluating several of the viable production well models presented to select the design that will have the largest deliverability with the quickest payback period.


The lead engineer commented “The development of a large scale unconventional primary helium reservoir is a first for Saskatchewan, and perhaps the world.” They expect to drill the 1st Nazare well in late 2022. Will def be keeping my eye on this considering the nazare discovery is capable of large-scale deliverability.


https://www.newswire.ca/news-releases/royal-helium-receives-results-of-nazare-production-modelling-simulation-858373329.html

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