Royal Helium Ltd V.RHC

February Petrinex data is interesting (Alberta Public Data)

[Just1Question]

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

[Just1Question]

According to Petrinex data, a further 12,753 Cubic meters were declared as vented.  If not for that, delivery could have been double.  I think their most recent video mentioned that they used produced gas to de ice parts of the plant, but that this venting would not continue long term.  I'm Just surprised that half of the total 25,839 cubic metes produced was used in this way