Helium exploration and development company Helix Exploration has acquired new acreage in Hill County, Montana, in a move that further expands its helium exploration portfolio.
The company today (20th June) confirmed that it purchased 5,600 acres at the Rudyard Project for $250,000 and 600,000 new shares.
Helium has been discovered from two wells in a 640-acre section on the northern anticline and adjacent to the Rudyard Project.
Both wells tested favourably for helium grade and overall flow rates though these wells are not included in the current Rudyard Project acquisition.
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