The global helium market size is expected to reach a whopping $2828.5M by the end of 2026. With a market that massive, I'm always looking for companies to invest in and Imperial Helium Corp is one of my favourites.
Imperial Helium Corp. ($IHC $IHC.v) focuses on the exploration and development of helium assets in North America and works to meet the growing global helium demand and supply shortfalls of the market.
$IHC recently announced it successfully drilled, logged and cased its second well (Steveville-2) in Alberta:
- Prelim results of the two wells support the continuity and potential for reservoir continuity as previously observed.
- In the process of finalizing production testing of Steveville-1 and will begin testing on Steveville-2 upon completion.
- They remain on schedule to complete their assessment during Q4 of 2021
With demand dramatically outweighing the supply of helium and no end to this in sight, Imperial Helium has specialized in their ability to rapidly move from acquisition to production, allowing them to capitalize on the high demand for helium.
$IHC is a solid investment in the helium market IMO
More information about their projects here:
https://imperialhelium.ca/news/imperial-helium-completes-drilling-of-the-second-well-in-the-steveville-project/