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Royal Helium Ltd. V.RHC

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

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Comment by Phil0812on Oct 27, 2021 12:54pm
222 Views
Post# 34055094

RE:Royal Helium Commences Drilling in SE Saskatchewan

RE:Royal Helium Commences Drilling in SE SaskatchewanThe data from Climax, and because of its size,are now looking  beyond conventional completion toward a vertical and horizontal well development program.....
I think this specific part says a lot about how big Climax Nazare project actually is. That is probably why it takes so long to get resources data, production plan and partnership agreement. From the September 15th NR, the time frame was 30-45 days so by the end of this week, it’s gonna be 45....I think we should expect significant news by mid November., In my opinion, I think it takes longer because what they actually discovered is so large in terms of thickness and wide ness that made RHC just not prepared for anything like this and they need more time and expertise to figure out how to be able to get in production from this helium monsterglta
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