Business
Year-End Operational Update
Quantum Helium Limited has provided a year-end operational update, announcing the completion of Sagebrush 3D seismic acquisition and the finalization of the Coyote Wash Sproule ERCE independent resource report, which confirms a total independently assessed 2U gross helium across Sagebrush and Coyote Wash exceeding 1 BCF. The company also finalized the Irrevocable Letter of Credit for the extended flow test at Sagebrush-1 and increased its working interest at Sagebrush to 90%. These developments position Quantum for a strong start to 2026, with key priorities including the receipt of seismic results, commencement of the flow test, and integration of new seismic data into drilling plans. Disclaimer*
About this update from Quantum Helium Limited
[{"type":"text","content":"\n\n\n \n23 December 2025\n \nQuantum Helium Limited\n(\"Quantum\" or the \"Company\")\n \n \nYear-End Operational Update\nQuantum Helium Limited (AIM: QHE) is pleased to provide a year-end operational update following a highly active period across its Colorado portfolio.\nLast week marked two major milestones for the Company: completion of the Sagebrush 3D seismic acquisition and finalisation of the Coyote Wash Sproule ERCE independent resource report. The Company also finalised the Irrevocable Letter of Credit required for the extended flow test at Sagebrush-1. Together, these achievements have significantly advanced Quantum's regulatory, technical and development position heading into 2026.\nOperational Highlights\n· Sagebrush 3D seismic acquisition completed, with the full dataset now preparing to move into processing this week.\n· Sproule ERCE's independent verification report on Coyote Wash finalised, confirming Quantum's second certified helium resource and taking total independently assessed 2U gross helium across Sagebrush and Coyote Wash to more than 1 BCF.\n· Irrevocable Letter of Credit finalised, with all required funds transferred. The official letter is expected to be issued shortly and will be lodged immediately with the Tribe and the Bureau of Indian Affairs (BIA) alongside the Tribal Council authorisation.\n· Regulatory progress continues with the Company expecting final sign-off for the extended flow test at Sagebrush-1 once the BIA completes its review cycle.\n· Acquired an additional 7.5% Working Interest at Sagebrush taking the Company's holding to 90%, consolidating Quantum's position as it moves into a pivotal period of testing and development.\nLooking Ahead to 2026\nWith two verified helium prospective resources, a basin-wide 3D seismic platform, and the final administrative requirements for testing now nearing completion, Quantum is well positioned for a catalyst-rich start to 2026.\nKey early-2026 priorities include:\n· Receipt of fully processed and interpreted 3D seismic results\n· Commencement of the extended flow test at Sagebrush-1 upon final BIA approval\n· &...