- Global Helium Corp. (HECO) has engaged Journey Engineering to provide specialized services to develop a pre-Front End Engineering and Design study for a helium purification facility at its Rudyard, Montana, helium asset
- The study will provide a basis of design, allowing Global to model ongoing development drilling plans and is expected to be complete by the end of Q1 2023
- Global’s position in Rudyard, Montana, encompasses more than 38.8 sq. km. of land and includes a well capable of producing greater than 2.5 mmcf/day of raw gas with a 0.9 per cent helium concentration
- Global Helium Corp. was down 4.17 per cent, trading at $0.34 at noon ET
Global Helium Corp. (HECO) has advanced efforts toward all-new helium processing facilities in Montana.
The company has engaged Journey Engineering of Calgary to provide specialized services to develop a pre-FEED (Front End Engineering and Design) study for a helium purification facility at its Rudyard, Montana helium asset.
Jesse Griffith, President of Global, stated, “We look forward to working closely with Journey Engineering and benefiting from their proven track record and helium expertise to bring Global’s Rudyard asset on-stream quickly and efficiently.”
The pre-FEED study will provide a basis of design, allowing Global to model ongoing development drilling plans and is expected to be complete by the end of Q1 2023.
Global’s position in Rudyard, Montana, encompasses more than 38.8 sq. km. of land and includes a well capable of producing greater than 2.5 mmcf/day of raw gas with a 0.9 per cent helium concentration.
The company’s leadership team has performed a detailed reservoir analysis on a 13 sq. km. area around the Rudyard well. This supports moving forward with the pre-FEED study and further development planning on the asset.
Global Helium is one of Canada’s largest helium exploration and development companies, focused on the exploration, acquisition, development, and production of helium to meet the needs of increasing helium demand and shrinking helium supply in North America and around the world.
Global Helium Corp. was down 4.17 per cent, trading at $0.34 at noon ET.
