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Total Helium Ltd V.TOH

Alternate Symbol(s):  TTLHF | V.TOH.WT | V.TOH.WT.A

Total Helium Ltd. is a Canada-based helium exploration, production, and storage solutions company. The Company’s operations are spread across two US states: Arizona and Kansas. The Company’s main footprint includes helium-producing assets in the prolific Holbrook Basin of Arizona, where its wells produce 5-8% helium concentrations. The Company has a joint venture interest in the Pinta South Helium Project in Arizona (the Pinta South Project). The Pinta South Project includes an interest in existing helium production as well as a working interest in a helium exploration and development program in the Holbrook Basin, Arizona. It has a 20% working interest in two producing wells and a 50% working interest in 27,000 acres, which includes eight additional wells that are awaiting connection to the helium processing facility. The Company’s Hugoton field in Kansas has been the historical centre of helium production in the US, with over 300 BCF of helium and 75 TCF of methane.


TSXV:TOH - Post by User

Post by 1StockInformeron Sep 27, 2023 7:00pm
85 Views
Post# 35658161

Global Specialty Gases Market Expected to Hit $16.2B by 2028

Global Specialty Gases Market Expected to Hit $16.2B by 2028

The global specialty gases market experienced significant growth, reaching a valuation of $10.5 billion in 2022, with projections to reach $16.2 billion by 2028. Specialty gases are high-purity gases like helium which is used in various industries, including healthcare, manufacturing, and research. 


https://www.benzinga.com/pressreleases/23/09/n34954554/global-specialty-gases-market-set-to-reach-16-2-billion-by-2028-key-drivers-and-trends-fuel-growth


On a day like today I’m keeping my sights set on the long term and Total Helium Ltd. (TOH.v or TTLHF for US investors) is an emerging player in this rapidly growing market. 


One of TOH's significant contributions to meeting this rising helium demand is its strategic involvement in the Pinta South Helium Project, located within Arizona's Holbrook Basin. Covering an extensive 27,000 acres, the Pinta South field presents abundant opportunities for cost-effective expansion.


The project currently boasts nine operational helium wells, with ten more wells in various stages of development. The incorporation of these newly developed wells into the production network is anticipated to drive a substantial increase in helium production and corresponding revenue growth.

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Initial well results have demonstrated helium concentrations between 5-8%, quite high compared to the typical concentration of 0.5%. This underscores the project's potential to significantly contribute to the growing demand for helium.


In the first quarter of the upcoming year, TOH plans to embark on phase 2 drilling at the project, adding 30 additional wells for which it has already secured permits. The project has the potential to host a total of 300 wells, each at an average cost of just $220,000 per well, making it a cost-effective and potentially lucrative venture.


Company Investors' Presentation: https://www.totalhelium.com/wp-content/uploads/2023/08/TOH-Investor-Presentation.pdf


Posted on behalf of Total Helium Ltd.

 
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