Helix Exploration

Helix Exploration is a helium exploration company with operations in Montana, North America, which aims to leverage the experience of their veteran management team to discover and develop new sources of primary helium. The helium commodity sector is currently experiencing a surge in popularity, as increasing demand from the medical and high-tech manufacturing sectors continues to drive helium price to all-time highs. Operations are focused on their flagship Ingomar Dome Project, a large-scale closure on the highly productive ‘Montana Helium Fairway’ where historic drilling has already identified gas in all target reservoir horizons. Bo Sears, author of The Disappearing Element, is the CEO. He is based in Montana, has 25 years of helium exploration and production experience and is the author of “Helium – The Disappearing Element”, which is widely regarded as the definitive textbook on helium exploration. David Minchin is the Chairman, and the ex-CEO of Helium One, which he grew from a private company with market cap of <£5m to one of the most followed stocks on AIM with a peak valuation of >£170m. Ryan Neates is CFO, and has experience across main London public markets and small cap listed exploration companies. Gregg Peters and Keith Spickelmier are the non-execs, and have extensive experience in the resources space. Gregg worked for 10 years as Director of Helium for Linde and Praxair, and Keith is an experienced lawyer and O&G entrepreneur. The Company aims to use the net proceeds raised on Admission to commence scoping studies and test drilling in 2024, with plant construction and production drilling due to commence and complete in 2025, with a first gas target of Q4 2025. Helix Exploration Plc is trading under the ticker “HEX”.