US Energy Corp. has completed its drilling operations and confirmed results of high-quality, non-hydrocarbon-based helium at its newly acquired assets in Montana.
The company has reported helium concentrations up to 1.5%. Helium was identified in multiple zones, with the highest concentrations found in nitrogen-based, non-hydrocarbon formations.
Additional helium was also discovered in non-hydrocarbon, CO2-based formations.
Ryan Smith, CEO of US Energy Corp., described the news as a significant milestone in the company’s industrial gas strategy around its assets in the US state.
