Latest Helium News

Macallum New Energy has expanded its exploration prospects in the underexplored southern North Perth Basin with a new oil and gas prospect, Aberfeldy, and plans to pursue helium and hydrogen exploration following recent regulatory changes.

Blue Star Helium has secured a three-month helium offtake agreement with a major US industrial gases player, establishing a cash flow foundation as it advances longer-term contracts and CO2 commercialisation.

HyTerra Ltd has issued 290 million shares through a non-renounceable rights issue, raising $4.07 million, falling short of its $7 million target and leaving a sizeable shortfall of over 209 million shares.

Gold Hydrogen is accelerating Helium development at its Ramsay Project, leveraging exceptional purity results and independent modelling amid a tightening global Helium supply.

Noble Helium has locked in BoreXpert’s Schramm T130 XD rig for a two-well helium drilling campaign at North Rukwa, Tanzania, with options for two more wells pending initial results. The company aims to validate a promising western margin helium play and advance towards pilot production.

Neometals is pivoting towards gold production with a funded JV at its Barrambie Ironclad deposit, while simultaneously progressing a substantial lithium-potash brine project in Utah.

D3 Energy has significantly boosted its helium resource estimates in South Africa's Free State with a newly certified 14 BCF helium contingent resource at ER386, lifting combined recoverable helium to 35.6 BCF across its key permits.

Prominence Energy has validated the presence of helium, natural hydrogen, and methane in its PEL 803 licence through initial soil gas surveys, marking a key step toward drill-ready targets.

Central Petroleum has terminated the sale of its Northern Territory subsalt permits and withdrawn from the EP112 joint venture, reallocating capital towards the Mt Kitty appraisal well and other projects.

Prominence Energy has secured $1.56 million through a discounted share placement to fund key technical work and licence approvals at its Gawler Helium and Hydrogen Project, positioning the company for upcoming exploration milestones.

Blue Star Helium has completed Stage 1 of its Galactica development, tying six wells into the Pinon Canyon facility and starting spot-priced helium sales. The company raised A$10 million to fund further project expansion and working capital.

D3 Energy has significantly expanded its South African helium footprint with new Exploration Rights and a Technical Cooperation Permit, while completing a well-supported A$6.12 million placement to fund upcoming drilling and development activities.