Non-hydrocarbon-based helium supply in North America can meet increasing demands for more sustainable and lower emission production solutions, North American Helium’s Marlon McDougall told attendees during the last session on day two gasworld’s Helium Super Summit at the Westin Memorial City in Houston on Thursday.
North American Helium (NAH) claims to be the most active helium exploration company in the world and is the largest helium producer in Canada. NAH recently closed a non-brokered common share equity financing of approximately $127 million which will be used to advance the company’s active exploration and development plan for the 2021/22 drilling season and to bring additional helium production online in 2022.
NAH has been the most active helium driller in Saskatchewan with 37 wells drilled to date, and earlier this year started up its $32-million Battle Creek helium plant near Consul, Saskatchewan, the largest helium purification facility in Canada, three months ahead of schedule and under budget.
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