Helix Exploration Plc (GB:HEX) has released an update.
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Helix Exploration Plc has reported promising signs of helium and hydrogen at their Clink #1 well within the Ingomar Dome Project and has also expanded its lease holdings by 1,074 acres at the Rudyard Project in Montana, which already shows a helium discovery. The company has contracted Precision Drilling’s Rig 704 for the re-entry and potential deepening of the Clink #1 well, with operations set to commence soon. Helix anticipates starting helium production in Q4 2025, as part of its aggressive development timeline.
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