Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Helix Exploration Plc ( (GB:HEX) ).
Helix Exploration PLC has announced the mobilization of flow testing equipment to the Inez #1 well at the Rudyard field, with testing set to begin on August 19, 2025. The testing aims to evaluate helium-bearing intervals within the Lower Souris River and Red River formations, with results expected by the end of the month. This development is part of Helix’s strategy to meet growing global helium demand and build on its existing production capacity, positioning the company for near-term production and potential significant revenue generation.
More about Helix Exploration Plc
Helix Exploration is a helium exploration company focused on the exploration and development of helium deposits within the ‘Montana Helium Fairway’. The company, founded by industry experts with extensive experience in helium systems in the US, listed in April 2024. Helix is focused on production at its Rudyard Project in northern Montana, leveraging existing infrastructure and low-cost processing to target first gas in 2025.
Average Trading Volume: 2,026,471
Technical Sentiment Signal: Buy
Find detailed analytics on HEX stock on TipRanks’ Stock Analysis page.