Helix Exploration PLC
HEX:LN

Helix Exploration is a helium exploration company focused on the exploration and development of low risk, large scale helium deposits within the "Montana Helium Fairway". Founded by industry experts with extensive experience of helium systems in the US, the Company's assets comprise of 52 leases over the Ingomar Dome; a large closure of 16,512 acres with P50 unrisked prospective helium resource of 2.3Bcf and upside of 6.7 billion cubic feet. Historic drilling and/or testing has identified gas in all target reservoir horizons.

Helix Exploration will focus on appraisal and early production at the Montana Ingomar Dome Project. An aggressive development timeline will see appraisal drilling targeted for Q3 2024 and first helium production targeted for Q4 2025. Helix is committed to open and transparent communication with investors and the wider market as the project progresses through development.