Helium One Global Ltd (AIM:HE1, FRA:9K3) said a third helium tube trailer has been delivered from the Pinon Canyon Plant at its Galactica Project in Colorado, with a fourth already on site and being filled.
Operator Blue Star Helium said trailer exchanges are now proceeding on a scheduled basis, marking the establishment of regular helium shipments from the project.
Output is expected to increase towards the plant’s full design capacity through planned production work, including debottlenecking the plant and gathering system, drilling additional development wells and deepening existing wells.
Helium One owns a 50% working interest in the Galactica-Pegasus project in Las Animas County. With regular trailer fills now established, the company said it may no longer announce each individual exchange, focusing instead on significant milestones and commercial developments.
