TOH.v CEO shares progress at Pinta South Project The demand for helium is witnessing a notable surge across diverse industries, including healthcare, electronics, and manufacturing. In response, companies such as Total Helium (Ticker: TOH.v) have strategically positioned themselves to take advantage of this valuable resource. TOH is actively investing in helium storage, exploration, and production, aiming to tackle the recent surge in helium shortages head-on. By focusing on these areas, TOH is committed to meeting the growing demand and ensuring a stable supply of helium for industries in need.
In a recent video interview with Proactive, TOH CEO Robert Price provided exciting details about the company's recent acquisition of the Pinta South Project in Arizona.
Watch here:
During the interview, Price shared that TOH now holds a 20% working interest in two productive wells and a 50% working interest in a vast land area spanning 27,000 acres. This acreage includes eight additional wells that are currently awaiting connection.
Price also revealed that in the last two weeks, TOH has successfully drilled three more wells, which are now in the final stages of completion. Currently, the company has seven wells connected to a helium processing plant, and they have plans for future drilling to further expand their operations.
One noteworthy aspect is TOH's aim to construct its own helium processing plant, funded internally, in order to optimize cost-efficiency and enhance production capacity.
Click here for more info on TOH's Pinta South Project: https://www.totalhelium.com/operations-projects/arizona/ Posted on behalf of Total Helium Ltd.