Business
A Year of Transformation and Outlook Ahead of EGM
Quantum Helium Limited has transformed into a dedicated helium and energy company, focusing on two Colorado projects with over 1 Bcf of gross prospective helium resources, including a 90% working interest in the Sagebrush Project. The company has secured key regulatory approvals, completed seismic programs, and is advancing an Extended Production Test at Sagebrush-1, which has confirmed helium concentrations of 2.5% and identified commercial oil production from the Leadville Formation. Existing oil production generated approximately $617,000 gross revenue in 2025, with production continuing into 2026. Quantum also successfully raised £5 million and is proposing a share consolidation to support a potential US OTC listing. Disclaimer*
About this update from Quantum Helium Limited
25 June 2026 Quantum Helium Limited ("Quantum" or the "Company") Year of Transformation Ahead of Extraordinary General Meeting Review of Key Milestones and Outlook for the Next Phase of Growth Quantum Helium Limited (AIM: QHE) is pleased to provide shareholders with a review of the key milestones achieved over the past twelve months ahead of the Company's Extraordinary General Meeting ("EGM"), which is scheduled to be held next week on 1 July. The past year has seen the transformation of the Company from a diversified oil and gas business into a focused helium and energy company centred on two independently assessed helium and energy projects in Colorado - Sagebrush and Coyote Wash - representing one of the largest independently assessed helium resource positions on the London market. During this period the Company has strengthened its ownership position in key assets, secured independent resource validation, completed major seismic programmes, achieved critical regulatory milestones and successfully advanced the ongoing Extended Production Test at Sagebrush-1. Quantum enters the next phase of its development with independently assessed helium resources, a successful Sagebrush testing programme, an emerging commercial oil opportunity and multiple near-term catalysts ahead. Highlights · Company successfully repositioned as a dedicated helium-focused energy company through rebranding to Quantum Helium · Divestment of non-core assets and strategic focus on the Company's Colorado helium and energy portfolio · Working interest in the flagship Sagebrush Project increased to 90%, strengthening exposure to the Company's core asset · Independent Sproule assessments confirmed more than 1 Bcf of gross prospective helium resources across Sagebrush and Coyote Wash · High-resolution 3D seismic programme completed, confirming a large helium-bearing Leadville structure at Sagebrush and identifying additional exploration upside · Key regulatory approvals secured from the Bureau of Indian Affairs, enabling Quantum to assume operatorship and commence the Extended Production Test at Sagebrush-1 · Successful ongoing Extended Production Test c...
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