Business
Strong 2025 Oil Production at Sagebrush
Quantum Helium Limited reported strong 2025 performance from its Sagebrush Project, generating US$617,044 in gross oil sales revenue from 11,769 barrels produced, with Quantum's net revenue after royalties amounting to approximately US$409,000. This consistent oil production, averaging US$52.20 per barrel, supports the company's self-funding development strategy for its helium exploration and appraisal programs, demonstrating existing production capability and enhancing financial resilience amidst strengthening oil prices. Production has continued into 2026, with further updates expected. Disclaimer*
About this update from Quantum Helium Limited
[{"type":"text","content":"\n\n\n \n \n23 March 2026\n \nQuantum Helium Limited\n(\"Quantum\" or the \"Company\")\n \n \nStrong 2025 Oil Production at Sagebrush Generates US$617k Revenue\nQuantum Helium Limited (AIM: QHE) is pleased to report steady oil production and revenue generation from its Sagebrush Project for the 2025 calendar year in which it holds a 90% working interest.\nHighlights\n· Total gross oil production of 11,769 barrels in 2025\n· Production delivered consistently across the year from multiple Sagebrush wells\n· Gross oil sales revenue in 2025 of US$617,044 at an average oil price of US$52.20\n· Quantum net sales revenue in 2025 of approximately US$409,000 (after royalties but before lease operating costs)\n· Ongoing oil sales generating revenue to support helium exploration and development\n· Oil production forms a key component of Quantum's self-funding development strategy with the Company retaining oil prospectivity across its asset base\n \nSagebrush Oil Production and Revenue - 2025 (Gross 100%)\n\n\n\n\nCalendar Quarter\n\n\nProduction (bbls)\n\n\nRevenue (US$)\n\n\n\n\nQ1 2025\n\n\n3,026\n \n\n\n 189,461\n \n\n\n\n\nQ2 2025\n\n\n3,244\n \n\n\n167,839\n \n\n\n\n\nQ3 2025\n\n\n2,854\n \n\n\n 140,790\n \n\n\n\n\nQ4 2025\n\n\n2,645\n \n\n\n 118,954\n \n\n\n\n\nTotal 2025\n\n\n 11,769\n \n\n\n 617,044\n \n\n\n\n\nNotes:\n1. Figures are reported on a 100% project basis and are not adjusted for Quantum's working interest.\n2. Production represents gross oil volumes after 16.67% land royalties and certain deductions.\n3. Gross and net sales revenue figures are derived from reported annual sales revenues.\n4. All oil sales are unhedged.\n5. Average oil price of US$52.20 for 2025\n6. Quantum's annual financial year end is 30 June.\nOperational Overview\nThe Sagebrush Project continues to deliver steady oil production from multiple wells, providing an important revenue stream alongside the Company's helium development activities.\nDuring 2025, the project produced 11,769 b...