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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 StockHawk1on Mar 01, 2022 5:00pm
165 Views
Post# 34472750

$RHC to conduct seismic programs

$RHC to conduct seismic programs

Russia is a huge helium producer and given the current conflict that doesn't have an end in sight, I think companies with North American helium assets like Royal Helium ($RHC.V $RHCCF) could become highly sought (espically if sanctions continue). 


Recently $RHC announced that it has initiated two seismic programs on its land in SW Saskatchewan.


Over the central portion of its Climax zone, 39km2 of 3D seismic will be conducted to detail and extend the deeper Nazare reservoir.


This is expected to advance the development modelling, production planning and expansion at the reservoir. 


Over the southernmost block at Val Marie, 20km of 2D seismic will be conducted to image the northern extension of a large structural high known as the Bowdoin Dome. 


The results of these seismic programs will guide $RHC's upcoming drill programs for 2022 so if you're invested or just interested in $RHC I would recommend reading the full press release here:

https://ca.finance.yahoo.com/news/royal-helium-commences-3d-seismic-133000458.html


$RHC.V @ $0.35

MC $49.786M

 
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