Headquartered in Alberta, Canada, Imperial Helium Corp. (IHC) is focused on finding helium where it has already been found. IHC is identifying and capturing bypassed opportunities of known helium accumulations in Western Canadian Sedimentary Basin.
IHC was formed in 2019 as the North American-centric global helium-market faced a short-fall in supply owed to the US Bureau of Land Management, removing 2.1Bcf/y of helium from a global market of an estimated 6Bcf/y. Imperial Helium’s intent is to deliver a stable supply of helium to both the local North American and international markets through our off-take agreement(s).
The company’s flagship asset, the Steveville property, is an extremely exciting discovery, steeped in history. The Steveville structure is a large basement dome with four-way closure. In the winter of 1940, the first deep well to be drilled on the Steveville structure was 100/13-22-020-12W4M resulting in a huge blow-out. Flow rates of 50MMcf/d and higher were reported in the Calgary Herald and the Globe and Mail. The well flowed for 100 days before it was brought under control. Drilling resumed, followed by production testing which delivered 6MMcf/d of non-burnable gas with a composition of 0.63% helium, 3.5% methane, 8% carbon-dioxide, and 87.87% nitrogen. Over the decades to follow, the Steveville structure was drilled four more times confirming the size of the structure and presence of gas on logs, but yielding no hydrocarbon discoveries. IHC has captured mineral leases across the entire Steveville structure covering 24,635 hectares (95 square miles).
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