Core Insights - Altura Energy Corp. has successfully recompleted two initial wells, re-establishing helium flow to its onsite processing plant, with helium being sold at a contracted price of US$350 per thousand cubic feet (mcf) [1][2] Well Performance - Well 1 and Well 2 were completed on November 7th and 13th, respectively, showing initial flow rates of 123 mcf/day and 118 mcf/day, with helium concentrations between 5% and 8% [2][3] - The company is conducting a gas analysis to further evaluate the wells [2] Operational Management - The company is monitoring the wells daily and has contracted a team of engineers to ensure consistent helium production [4] - Maintenance efforts are being evaluated for long-term production sustainability [4] Future Plans - Altura Energy is assessing three additional wells for recompletion after the gas analysis of the initial two wells is completed [5] - The analysis will provide insights into the geology and helium flow characteristics, aiding in efficient capital use for future projects [5] Company Overview - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [6]
Altura Energy Successfully Recompletes Two Initial Wells and Is Producing and Selling Helium Through Onsite Processing Plant as of November 19, 2025