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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 21, 2022 2:44pm
116 Views
Post# 34841234

Recent News

Recent News

One of my top helium picks RHC.v RHCCF recently announced they began drilling its first well in the Val Marie field which encompasses 13,000 hectares.


Drilling is expected to take 2 weeks and will be done to a vertical depth of approximately 2,600 meters. Results will be released as they’re received.


They also announced last week that the results of their nazare production modelling simulation and are currently evaluating several of the viable production well models to select the design that will have the largest deliverability with the quickest payback period. Will def be keeping my eye on this considering the nazare discovery is capable of large-scale deliverability.


https://www.newswire.ca/en/releases/archive/July2022/18/c9932.html

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