Proactive - Interviews for investors podcast

Helix Exploration CEO Bo Sears on multi-well helium ambitions, summer production

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Helix Exploration PLC CEO Bo Sears talked with Proactive's Stephen Gunnion about the company’s development progress at its Rudyard project in Montana. Sears said the company is “progressing nicely” with the Linda #1 well and is on track to begin producing helium by the end of summer. He pointed to strong early results from both Darwin #1 and the acquisition of the Weil #1 well, expressing optimism about long-term production capacity. He described Rudyard as “quite large relative to our peers,” adding that it may support up to 20 wells—substantially more than originally anticipated. This scale opens the potential for on-site helium liquefaction, with HeLIX already acquiring 20 acres in preparation. Sears referenced a 1977 US Bureau of Mines study that estimated the field's potential at 2.60 billion cubic feet of helium. With new drilling data, including from Linda #1 and re-perforated Weil #1, the company expects to significantly update resource estimates. The company anticipates up to 4 billion cubic feet of recoverable helium, which Sears noted could make Helix one of the largest helium producers in the US. Sears also confirmed ongoing discussions with off-takers and potential interest in geological hydrogen from deeper zones. Visit Proactive’s YouTube channel for more interviews. Don’t forget to like this video, subscribe to the channel, and enable notifications for future updates. #HeLIXExploration #HeliumProduction #NaturalGas #RudyardField #BoSears #MontanaEnergy #EnergyExploration #HydrogenExploration #ProactiveInvestors #USHeliumMarket

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