Global Helium is now one of the largest helium-focused landholders in North America, with the firm having announced the acquisition of additional acerage in Southern Saskatchewan’s helium fairway, located in Canada.
The move advances Global Helium’s 100-owned acreage to over 1.5 million acres. Canada’s second largest landholder of helium rights, Global Helium pays royalties of less than 5%, yielding greater than 95% net revenue interest.
Southern Saskatchewan’s helium fairway is home to most of Canada’s helium reserves and production where helium has been tested and produced in concentrations of over 2% since the 1960’s.
Wes Siemens, President of Global Helium, said, “We continue to advance or strategic priorities, which include expanding our Saskatchewan land holdings in Canada, using geophysical and other technologies to evaluate our land base to advance our prospects to the drill stage, and identifying and capturing new opportunities in the US.”
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