Total Helium Ltd V.TOH

Helium's Supply and Demand Balance

[MarketMakerss]

Emerging as an increasingly pressing concern, the balance between supply and demand has tilted in favour of scarcity, creating a global helium shortage.

Helium's use in a variety of industries including healthcare, electronics, and aerospace means this shortage poses a significant challenge that resonates throughout diverse industries.

Amid this critical scenario, Total Helium (TOH.v TTLHF) has emerged as a rapidly scaling
helium producer with its 27,000-acre Pinta South Project in Arizona's helium-rich Holbrook Basin.

Notably, Pinta South boasts remarkable helium concentrations ranging from 5% to 8%, a significant improvement compared to the 3% concentrations seen among other producers.

With the initiation of completion activities including acidizing 2 of 7 wells to improve connectivity from the boreholes to the reservoir for enhancing production rates, TOH is on track to have 30 wells operational by year-end at Pinta South.

To date, 19 wells have been drilled with 9 connected to a newly constructed 6-mile pipeline for gas transportation and 2 wells consistently producing 232 Mcf/d with high helium concentrations between 7.58% and 7.83%. During the initial testing phase of three additional wells, total production rose to 450 Mcf/d in line with expectations.

Numerous high-grade drilling locations have additionally been identified at the Project and TOH has filed for an additional 28 drilling permits, expected to be approved within the next 30-60 days.

For more information, check out TOH's latest interview with 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

Latest News Release: https://www.totalhelium.com/cool_timeline/total-helium-announces-management-change-and-special-concession/

Posted on behalf of Total Helium Ltd.