Helix Exploration PLC Hits Milestone with Promising Helium Find

Helix Exploration Plc (GB:HEX) has released an update.

Helix Exploration PLC has reported a significant milestone with the completion of drilling at its Darwin #1 well in Montana, revealing promising helium gas shows in multiple horizons. The well, drilled to a depth of 5,488 feet, exhibited helium concentrations up to 250 times higher than ambient air, indicating a potentially larger anticline structure than previously anticipated. This development aligns with Helix’s aggressive timeline for early helium production by late 2025, marking an exciting period for the company’s growth in the helium exploration sector.

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