Royal Helium Ltd. has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. which have agreed to purchase, on a bought deal basis, 19.23 million units of Royal at a purchase price of 26 cents per unit, for aggregate gross proceeds in the amount of approximately $5 million.
October 4, 2022, 12 AM MDT
In November 2021, the Saskatchewan government released Helium Action Plan: From Exploration to Exports to further bolster the province’s budding helium industry. The goal of the plan is to produce 10 per cent of the world’s helium by 2030 — making Saskatchewan a top-five global producer.
October 3, 2022, 6 AM MDT
After suffering three worldwide helium shortages between 2006 and 2020, it looked like clear sailing for the industry for the remainder of this decade with the first of three phases of Russia’s massive Amur gas processing plant coming online in September of last year.
September 26, 2022, 6 AM MDT
Royal Helium Ltd. announced that, following up on the previously announced lithium assays in Climax-1, it has also sampled up to 81.3 Mg/L lithium brine at Climax-2 on Royal's Climax helium land block located approximately 160 kilometres south of Swift Current in southwest Saskatchewan.
September 21, 2022, 12 AM MDT
Royal Helium Ltd. has received a Competent Person's Report (CPR) from GLJ Ltd. which provides an independent resources assessment and evaluation of Royal's material helium assets to date.
September 20, 2022, 6 AM MDT
Helium Evolution Incorporated appointed Kristi Kunec to the role of chief financial officer, effective Sept. 12, 2022.
September 14, 2022, 12 AM MDT
Avanti Helium Corp. has laid out some of its key objectives for the remainder of 2022.
September 13, 2022, 10:14 AM MDT
Avanti Helium Corp. announced that Brad Paterson will join that company on Sept. 16, assuming the role of chief financial officer.
September 13, 2022, 10:09 AM MDT
The Alberta Energy Regulator’s (AER) top executive says his team continues to make strides in adapting to an increased and multi-layered mandate as its work regarding emerging and alternative energy sources and emissions reduction initiatives in the energy sector continues to grow in scope.
September 6, 2022, 6 AM MDT
Avanti Helium Corp. has contracted T&S Drilling to drill its WNG 10-21 helium appraisal well into the WNG helium pool in the Greater Knappen region of Montana.
August 31, 2022, 9:21 AM MDT
Royal Helium Ltd. says it has entered into a long-term agreement with a major North American space launch company for the supply of helium.
August 29, 2022, 8:09 AM MDT
First Helium Inc. has completed drilling and cased the 14-23 horizontal well for future completion as a potential gas well, with helium content, that would coincide with the planned installation of a helium processing facility at Worsley.
August 24, 2022, 7:44 AM MDT
Royal Helium Ltd. has sampled up to 84.9 mg/L lithium in brine underlying the Climax helium project.
August 22, 2022, 6:54 AM MDT
Avanti Helium Corp. has changed its name from Avanti Energy Inc. to Avanti Helium Corp.
August 22, 2022, 6:42 AM MDT
North American Helium Inc. (NAH) successfully brought its third helium purification facility on production in May with zero operational issues.
August 18, 2022, 12 AM MDT
Royal Helium Ltd. has appointed Shayne Neigum as chief operating officer and head of exploration.
August 17, 2022, 11:07 AM MDT
Royal Helium Ltd.’s Val Marie-1 helium exploration well has reached its total depth of 2,596 metres.
August 16, 2022, 6:13 AM MDT
Avanti Energy Inc.’s board has approved a change of the company's name to Avanti Helium Corp.
August 12, 2022, 7:39 AM MDT
Helium Evolution Incorporated updated progress on the first two exploration wells drilled at the company’s 100 per cent owned and operated McCord property, HEI-1 (HEI 06-12-006-05W3M) and HEI-2 (HEI 06-2-006-06W3M).
August 2, 2022, 5:10 AM MDT
First Helium Inc. has received a reserve report from its independent evaluator, prepared in accordance with "NI 51-101" guidelines, indicating total proved plus probable (2P) gross reserves of 505,100 bbls of light oil with corresponding NPV 10 per cent of $24.6 million, for its oil property at Worsley.
August 2, 2022, 7:21 AM MDT
Royal Helium Ltd. announced the Climax/Nazare project has received approval for the Saskatchewan Petroleum Innovation Incentive (SPII) program.
July 26, 2022, 6 AM MDT
Royal Helium Ltd. and Imperial Helium Corp. have closed the previously announced acquisition of Imperial by Royal pursuant to a plan of arrangement.
July 22, 2022, 8:39 AM MDT
While its oil and natural gas-related services remain the primary business drivers for McDaniel & Associates Consultants Ltd., the firm’s CCUS and EOR workload is increasing while emerging energy sources such as helium and hydrogen are slowly becoming a bigger part of the mix.
July 21, 2022, 6 AM MDT
Sproule Associates Limited continues to evolve its business offerings as the firm responds to an uptick in client demand for services relating to carbon management and the emerging new energy sector.
July 20, 2022, 12 AM MDT
Royal Helium Ltd. has begun drilling its first well in the Val Marie field located in southwestern Saskatchewan near the Canada-U.S. border.
July 18, 2022, 7:20 AM MDT