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Royal Helium Ltd. V.RHC

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

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

Post by waves1on Jan 31, 2022 1:58pm
200 Views
Post# 34379886

Recap of $RHC's recent news release

Recap of $RHC's recent news release
Last week, Royal Helium ($RHC.v $RHCCF) appointed John Styles as the Completions and Production Coordinator and Engineer Consultant. With over 40 years of experience in the resource industry, Styles has founded and served on the boards of several public companies
 
Styles is the co-founder of Edge Engineering and Geoscience, the lead completions and production consultant for the Nazare reservoir & shallower conventional pools at Climax and Royal's other helium blocks. His work with Edge has been central to the Nazare program.
 
Plus, his early stage to sales successes in the resource sector of Saskatchewan will be an asset as $RHC transitions into the production and development stage of operations.
 
$RHC additionally provided an operational update on Climax as the completion and testing program in the Nazare reservoir is still ongoing and proceeding as planned. Field operations experienced delays due to both extreme weather conditions and Covid-19 protocol interruptions, however, everything is proceeding as planned now.

The operations crews are currently lifting frac fluid at Climax-4 and will begin conducting pressure tests over the coming weeks. $RHC expected to release further updates soon
 
https://royalheliumltd.com/news/royal-helium-appoints-john-styles-as-completions-and-production-coordinator-and-provides-climax-project-update/
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