Total Helium Ltd V.TOH

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

Chemicals Specialty Chemicals

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.

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Total Helium Ltd

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Post by MarketMakersson Oct 04, 2023 4:25pm

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Post# 35669780

"Stable Green Helium Supply for US High-Tech Industries"

Latest interview with TOH CEO Robert B. Price on Stocks To Watch regarding their current production capacity, low-cost and low-risk strategies and expansion plans with Stocks to Watch: https://www.youtube.com/watch?v=6GOdPX_U1jU&ab_channel=StocksToWatch

Spanning 27,000, Pinta South distinguishes itself with remarkable helium concentrations of 5% to 8%. This is a substantial improvement over the helium concentrations seen of up to 3% and is significantly higher than other producers.

With this, TOH formed a strategic partnership with Linde, the world's largest industrial gas company for the sale of its helium at a rate of USD$500 per MCF. This partnership has secured Pinta South's economic viability with a rapid payback period ranging from a few weeks to a maximum of three months.

On track to have 30 wells operational by year-end, TOH's latest update had 19 wells drilled at Pinta South so far with its final trajectory to expand operations to encompass over 300 wells.

Of the 19 wells, two are operating at full capacity and producing a combined rate of 250mcf per day at concentrations of 8%, 7 operating at limited capacity, 4 expected to be operational by Q3 2023 and 5 awaiting completion and pipeline connection.

For more details, check out Benzinga's comprehensive feature on TOH: https://www.benzinga.com/markets/penny-stocks/23/07/33164297/total-helium-otcqb-ttlhf-developing-major-helium-field-and-key-partnerships-secure-it-in-thi

Posted on behalf of Total Helium Ltd.

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