Business
Commencement of Civils at Linda #1
Commencement of Civils at Linda #1.
About this update from Helix Exploration Plc
[{"type":"text","content":"\n\n27 March 2025\n \nHelix Exploration PLC\n(\"Helix Exploration\" or \"Helix\" or the \"Company\")\nCommencement of Civils at Linda #1\nHelix Exploration, the helium exploration and development company with near-term production assets within the 'Montana Helium Fairway', is pleased to report the commencement of construction work on access road and drill pad (\"Civils\") at the Linda #1 well at Rudyard Project, Montana.\nHighlights:\n· Construction commenced at Linda #1 well site ahead of mobilisation of rig and crew which is expected to occur within the next few weeks\n· Linda #1 to be the third of three production wells to be completed ahead of first helium production at Rudyard Project\n· Fabrication work commenced on a helium membrane package for delivery ahead of production in summer 2025\nBo Sears, CEO of Helix Exploration, commented:\n\"We are excited to be on the ground getting ready to drill our third production well on Rudyard Project at Linda #1. The well is strategically located only a mile south of our discovery well at Darwin #1. \n\"Progress on the plant is proceeding as planned with the fabrication of a six-million cubic feet per day helium membrane package currently underway with a leading technology company. The membrane package rejects nitrogen and increases helium grade before feeding gas into the PSA plant. It is an essential part of our processing pathway, and we are delighted to have secured this module for delivery ahead of our planned production in the near term.\"\nBackground\nHelix has commenced construction work at the Linda #1 wellsite ahead of mobilisation of drill rig and crew which is expected to occur within the next few weeks. The Linda #1 well will be drilled by Treasure State Drilling utilising the same rig and crew which successfully drilled Darwin #1 well in only 12 days in November 2024. The well, located roughly one mile south of Darwin #1, is expected to encounter similar reservoir characteristics as the Darwin #1 well and on structure.\nHelix has contracted Wikota Design & Construction LLC to source a membrane package from one of the world's leading specialty processing companies. The membrane package has been specifically developed for helium recovery and purification, enabling highl...