Royal Helium has drilled three wells, of which two will be for initial production. The company has a gross license area of 24,635 hectares for the project, which is expected to produce 15 million cubic feet per day upon completion. A long term contract has been sign with an American space launch company for supply beginning in 2023. Royal Helium operates the asset and holds 100% working interest which was acquired through its acquisition of Imperial Helium.
Royal Helium has drilled three wells, of which two will be for initial production. The company has a gross license area of 24,635 hectares for the project, which is expected to produce 15 million cubic feet per day upon completion. A long term contract has been sign with an American space launch company for supply beginning in 2023.
Royal Helium operates the asset and holds 100% working interest which was acquired through its acquisition of Imperial Helium.