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Pulsar Helium Reports Additional High-Pressure Gas Encounter at Jetstream #5 and Outlines Upcoming Testing Program
Globenewswire· 2026-01-09 07:00
Core Viewpoint - Pulsar Helium Inc. has reported significant progress in its Jetstream 5 appraisal well at the Topaz Project, encountering a new high-pressure gas influx, indicating a robust helium-rich gas reservoir [3][6][11]. Group 1: Jetstream 5 Update - The Jetstream 5 well has encountered pressurized gas at multiple depths: 837 feet (255 meters), 1,481 feet (451 meters), and a new influx at 2,857 feet (871 meters) with a bottom-hole pressure of approximately 1,292 psi, the highest recorded at Topaz [3][6][7]. - Drilling operations for Jetstream 5 are ongoing, targeting a total depth of up to 5,000 feet (1,524 meters) [8][9]. Group 2: Future Plans - After completing Jetstream 5, the drilling rig will move to the next well, Jetstream 6, located approximately 2.2 kilometers southwest of the discovery well [4][9]. - A multi-well flow testing program is set to begin in early February 2026, which will include flow testing and pressure build-ups for Jetstream wells 3, 4, and 5, with a six-week testing period expected for each well [10][11]. Group 3: About the Topaz Project - The Topaz Project, located in northern Minnesota, is a primary helium discovery with exclusive leases held by Pulsar, containing helium-4, helium-3, and CO2 [11][12]. - The ongoing appraisal program aims to map the reservoir's extent, pressure regime, and gas composition, which will inform future resource estimation and development planning [11].
Pulsar Helium Announces Acquisition of Michigan Helium Exploration Assets-Focused Gas Exploration Company
Globenewswire· 2026-01-05 07:00
Core Viewpoint - Pulsar Helium Inc. has acquired 100% of Hybrid Hydrogen Inc. for a total consideration of US$80,000, marking its first entry into Michigan's helium exploration market [3][6]. Acquisition Details - The acquisition involves a cash payment of US$80,000 for all issued and outstanding shares of Hybrid, which holds exclusive mineral rights covering approximately 5,742 acres in Michigan's Upper Peninsula [6][8]. - This transaction supersedes a previously announced all-share structure from October 27, 2025 [3]. Strategic Rationale - The Michigan mineral rights are geologically similar to Pulsar's Topaz helium project in Minnesota, providing a familiar growth opportunity [7][9]. - The acquisition allows Pulsar to expand its asset base at a low cost, ensuring resources remain focused on the flagship Topaz project [8][9]. - The company aims to leverage its existing expertise in helium exploration to discover additional resources in Michigan [9]. Topaz Project Overview - The Topaz Project, located in northern Minnesota, is a primary helium discovery with confirmed high helium concentrations, averaging 8.1% in Jetstream 1 and 5.6% in Jetstream 2 [10]. - Pulsar is the first mover in helium exploration in both the Topaz and Tunu projects, with primary helium occurrences not associated with hydrocarbon production [12].
Pulsar Helium Closes Major Minnesota Land Position to the West of Topaz Project
Globenewswire· 2025-12-19 07:00
Core Viewpoint - Pulsar Helium Inc. is advancing its acquisition of Quantum Hydrogen Inc. from Oscillate PLC through an all-share transaction, with updates on share issuance and financial terms [3][5]. Group 1: Transaction Details - The company executed a definitive agreement with Oscillate to acquire up to 100% of Quantum Hydrogen Inc. [3] - An amendment to the agreement was made to define "VWAP" with a minimum price of CAD$0.05, in compliance with TSX Venture Exchange policies [4]. - The company issued 292,560 shares as consideration for the first two monthly tranches of US$80,000 each, with VWAPs of C$0.7797 and C$0.7543 respectively [5]. Group 2: Financial Implications - The remaining tranches of the transaction total US$640,000 and will be satisfied in the coming months [5]. - The shares issued are subject to a hold period of four months and one day from the date of issuance [6]. Group 3: Company Overview - Pulsar Helium Inc. is publicly traded on the AIM market, TSX Venture Exchange, and OTCQB, focusing on helium exploration and development [7][8]. - The company’s portfolio includes the Topaz helium project in Minnesota and the Tunu helium project in Greenland, both identified as primary helium occurrences not associated with hydrocarbon production [8].
Pulsar Helium Closes Major Minnesota Land Position to the West of Topaz Project
Globenewswire· 2025-12-19 07:00
Core Viewpoint - Pulsar Helium Inc. is progressing with its acquisition of Quantum Hydrogen Inc. from Oscillate PLC through an all-share transaction, with updates on share issuance and financial terms [2][4]. Group 1: Acquisition Details - The company has executed a definitive agreement to acquire up to 100% of Quantum Hydrogen Inc., a wholly owned subsidiary of Oscillate PLC [2]. - A letter was executed to amend the agreement, specifically defining "VWAP" to include a minimum price of CAD$0.05 as per TSX Venture Exchange policies [3]. Group 2: Financial Transactions - On December 18, 2025, the company issued 292,560 shares as consideration for the first and second monthly tranches of US$80,000 each, with a VWAP of C$0.7797 for the first tranche and C$0.7543 for the second tranche [4]. - The remaining tranches, totaling US$640,000, will be satisfied in the coming months [4]. Group 3: Shareholder Information - The shares issued in connection with the transaction are subject to a hold period of four months and one day from the date of issuance [5].
Pulsar Helium Awards Security Based Compensation
Accessnewswire· 2025-12-17 07:00
Core Points - Pulsar Helium Inc. has awarded security-based compensation to incentivize key team members for the company's future success [1][5] - The company is publicly traded on the AIM market, TSX Venture Exchange, and OTCQB, focusing on helium exploration and development [3][5] Compensation Details - A total of 2,000,000 stock options were granted at a purchase price of CAD$0.69 per share, vesting immediately and valid for five years [5] - Additionally, 1,200,000 performance share units (PSUs) were awarded, vesting in thirds over three years [5] Company Overview - Pulsar's flagship projects include the Topaz helium project in Minnesota and the Tunu helium project in Greenland, both identified as primary helium occurrences not associated with hydrocarbons [3]
What's Next With APD Stock After A 25% Drop?
Forbes· 2025-12-12 13:05
Core Insights - Air Products & Chemicals (APD) experienced a significant stock decline of nearly 25% within a year, dropping from approximately $315–$330 to around $236, surprising long-term investors [2] - The decline is attributed to a comprehensive strategic realignment in 2025, where the company exited several capital-intensive clean energy and hydrogen initiatives, incurring a $2.3 billion after-tax charge and reporting a GAAP net loss of about $1.7 billion for the fiscal second quarter of 2025 [4][5] Strategic Realignment - APD's management had previously invested heavily in clean energy and LNG projects to position the company as a leader in the energy transition, but these plans fell apart [4] - The company recorded an EPS of $2.69 for the same quarter, reflecting a decline of about 6% from the previous year, altering investor outlook from growth to recognizing misallocated funds [5] Operational Challenges - Revenues for fiscal 2025 remained around $12 billion, unchanged from previous years, indicating weak volume trends and macroeconomic pressures, particularly in Europe and Asia [6] - The sale of its LNG technology division further reduced the scale of operations, contributing to stagnation rather than expansion [6][7] Leadership Changes - A new CEO, Eduardo F. Menezes, took charge amid a proxy battle, raising concerns about the company's long-term trajectory during a critical phase of unwinding significant projects [8] - Investors are uncertain whether APD will continue pursuing energy-transition projects or revert to its traditional industrial-gas foundations, as recent write-downs indicate a shift in focus [9] Macro Economic Factors - Demand for industrial gas is closely linked to global manufacturing and energy activities, which underperformed in 2025, particularly in parts of Asia and Europe [10] - The helium market experienced weakened demand, and uncertainties in the energy and chemicals sector further dampened sentiment towards APD [10] Future Outlook - Despite the challenges, APD continues to generate substantial cash flows from its core operations, with a dividend yield between 2.7% and 2.9%, providing some stability [11] - The company's ability to restore margin growth and regain investor trust will be crucial for future expansion, as management's cautious approach may limit long-term growth prospects unless industrial-gas demand improves [12][13] - The recent 25% drop serves as a reminder that even stable industrial entities can falter when strategy, demand, and macroeconomic conditions change simultaneously [14]
Pulsar Helium Reports Pressurised Gas Encounter at Jetstream #5 and Down-Hole Testing Conducted at Jetstream #3 and #4
Globenewswire· 2025-12-08 07:00
Core Viewpoint - Pulsar Helium Inc. has successfully encountered pressurized gas zones in its Jetstream 5 appraisal well at the Topaz Project, reinforcing confidence in the helium-rich reservoir's extent and potential [3][5][7]. Drilling Operations - Jetstream 5 is located approximately 1.8 miles (3 kilometers) northeast of the discovery well, extending the appraisal footprint [7]. - Gas was encountered at depths of approximately 837 feet (255 meters) and 1,481 feet (451 meters), with a preliminary bottom-hole pressure of ~662 psi, indicating a strongly pressurized system [7][8]. - Continuous HQ core drilling is being utilized to maximize geological sample recovery, with operations ongoing 24 hours a day [9]. Success Rate - All five Jetstream appraisal wells drilled to date have encountered pressurized gas, achieving a 100% success rate, which underscores the continuity of the helium-bearing reservoir [7][9]. Well-Testing and Data Collection - Well-testing has been conducted at Jetstream 3 and 4, with data collected for interpretation, including formation microresistivity imaging and other logging techniques [11][12]. - The next phase of appraisal work will include flow testing and gas sample collection for laboratory analysis, expected to occur in January 2026 [12]. Project Overview - The Topaz Project is located in northern Minnesota, where Pulsar holds exclusive leases and is the first mover in helium exploration [13]. - Previous wells at Topaz have confirmed high helium concentrations, averaging 8.1% in Jetstream 1 and 5.6% in Jetstream 2, indicating a high-quality helium resource [13].
Pulsar Helium Commences Drilling of Jetstream #5
Globenewswire· 2025-12-03 07:00
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Is Air Products and Chemicals Stock Underperforming the Dow?
Yahoo Finance· 2025-12-01 13:20
Core Insights - Air Products and Chemicals, Inc. (APD) is valued at a market cap of $58.1 billion, making it a leading player in the industrial gases sector, supplying various gases to multiple industries [1] - The company is classified as a large-cap stock, highlighting its significant size and influence in the specialty chemicals industry, supported by a strong project pipeline and long-term customer contracts [2] Financial Performance - APD's shares have decreased 23.5% from its 52-week high of $341.14, with an 11.5% decline over the past three months, underperforming the Dow Jones Industrial Average [3] - Over the past 52 weeks, APD has fallen 21.7%, contrasting with a 6.7% increase in the Dow Jones Industrial Average, and is down 10% year-to-date compared to the Dow's 12.2% return [4] - Following its Q4 earnings release, APD's shares rose 8.9%, despite a marginal revenue decline to $3.2 billion and a 4.8% drop in adjusted EPS to $3.39, indicating strong cost control measures [5]
Airlife Gases Acquires Control of Royal Helium Ltd.
Globenewswire· 2025-11-30 02:51
PUNE, India, Nov. 29, 2025 (GLOBE NEWSWIRE) -- Airlife Gases Private Limited (“AirLife”) is pleased to announce that it has completed the acquisition, through a wholly-owned subsidiary, of a total of 79,901,328 Class A common voting shares (the “Common Shares”) of Royal Helium Ltd. (“Royal Helium”) and 4,000,000 share purchase warrants of Royal Helium (“Warrants”), representing approximately 52.9% of the issued and outstanding Common Shares on a fully-diluted basis. Each Warrant can be exercised to purchase ...