Helix Exploration marks first helium production in Montana after transformational year

The latest update is out from Helix Exploration Plc ( (GB:HEX) ).

Helix Exploration has transitioned from explorer to producer after a transformational year capped by the start of helium production at its Rudyard Project in Montana. Successful testing of the Linda #1, Weil #1 and Inez #1 wells confirmed strong reservoir quality, robust flow rates and helium concentrations of up to 1.2%, underpinning the field’s scalability and long-term cash flow potential.

Post year-end, the company’s processing facility, based on a cost-efficient Xebec PSA plant, became fully operational, making Helix the first helium producer in Montana and positioning it as one of North America’s more efficient helium platforms. The group also strengthened its balance sheet with a £4.5m fundraise in June 2025 and a further £2.2m in March 2026, while adding a U.S. OTCQB listing to broaden its investor base and support its ambition to become a leading supplier of strategic helium resources.

More about Helix Exploration Plc

Helix Exploration is a specialist helium exploration and development company focused on the Montana Helium Fairway in northern Montana. Its primary asset is the Rudyard Project, where it is developing low-cost helium production using existing infrastructure and a Xebec PSA processing plant, targeting multiple wells with potential for long-life, revenue-generating output.

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Technical Sentiment Signal: Buy

Current Market Cap: £70.38M

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