It is an exciting time for North American Helium (NAH), but for CEO and Chairman Nick Snyder the focus is to make the upstream helium exploration and production business “boring”.
“The upstream segment of the helium industry has always been an exciting, swashbuckling place where plants have unexpected outages or don’t perform as expected and there are a lot of geopolitical issues,” Snyder told gasworld. “It’s all very exciting, but it’s not why we are here. We aim to make the upstream segment of the helium industry a reliable and predictable business and what some people would consider boring. We think this best serves our customers and the end-users, for whom helium is mission critical.”
Saskatchewan is a hotbed of helium exploration activity, and NAH is among the busiest in the Canadian province. The Calgary-based company started up its first helium production facility at its Cypress field in July and is currently building a second plant at Battle Creek (Canada’s largest) which it expects to come online in the second quarter of 2021.
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