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Total Helium Ltd V.TOH.WT


Primary Symbol: V.TOH Alternate Symbol(s):  V.TOH.WT.A | TTLHF

Chemicals Specialty Chemicals
Total Helium Ltd. is a Canada-based helium exploration, production, and storage solutions company. The Company’s operations are spread across two US states: Arizona and Kansas. The Company’s main footprint includes helium-producing assets in the prolific Holbrook Basin of Arizona, where its wells produce 5-8% helium concentrations. The Company has a joint venture interest in the Pinta South Helium Project in Arizona (the Pinta South Project). The Pinta South Project includes an interest in existing helium production as well as a working interest in a helium exploration and development program in the Holbrook Basin, Arizona. It has a 20% working interest in two producing wells and a 50% working interest in 27,000 acres, which includes eight additional wells that are awaiting connection to the helium processing facility. The Company’s Hugoton field in Kansas has been the historical centre of helium production in the US, with over 300 BCF of helium and 75 TCF of methane.


TSXV:TOH - Post by User

Total Helium Ltd
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Post by BigSchlickon Dec 18, 2023 11:14am
439 Views
Post# 35789844

Sinking ship

Sinking shipAfter this last news release I have to say it looks pretty grim. All 7 newly drilled wells are nothing but holes in the ground. They produce 0 helium and cannot be reconnected. Also zero urgency by management and even the drillers from the pinta south company are showing they have little confidence in economic production. They were supposed to be drilling 5 carry wells starting now. They have now said they will drill 1 test will in 2 months from now weather dependent lol. The old ceo was nothing but a used cars salesman. Wouldn't be surprised if there's legal action from Haywood securities. 
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