In the video linked below the CEO of Total Helium (Ticker: TOH.v or TTLHF for US investors), Robert Price, highlights how TOH is producing high helium concentrations or 5-8% while other companies struggle to get 1%. Price also emphasizes that TOH is the only helium producer that he knows of generating revenue in the North American market.
https://www.youtube.com/shorts/z4bm3N2HUvM?feature=share
This success can be attributed to the Pinta South Helium Field, situated in Arizona's Holbrook Basin, covering 27,000 acres. TOH holds a 50% stake in this field. Currently, the project has nine producing helium wells, with ten more in various stages of development.
The integration of these new wells into the production network is expected to substantially increase helium production and revenue.
The project encompasses multiple potential helium reservoirs, including the Shinarump Formation at depths of 700-1,200 ft, which has demonstrated strong production capabilities.
TOH employs a cost-effective, low-risk strategy that is crucial for sustainable and efficient helium production. Each well in the Pinta South field costs approximately $222,000 to drill and connect to the pipeline, with the potential to generate up to $100,000 in gross monthly revenue.
Pinta South offers ample opportunities for production expansion, with more than 300 locations on the property that can be drilled.
To support the expansion of its pipeline infrastructure, TOH has established a strategic partnership with Linde, the world's leading industrial gas company in terms of market share and revenue.
Within this partnership, Linde is financing the expansion of the pipeline for the Pinta South Project. Additionally, Linde has committed to purchasing all helium produced from the project's initial 10 wells, while also offering flexible pricing for other wells.
Considering TOH produces high helium concentrations and has a market cap of only 22.527M, it stands out as an attractive investment opportunity.
Company Website: https://www.totalhelium.com/operations/
Posted on behalf of Total Helium Ltd.