Critical Metals

Helium Evolution Poised for Long-Term Success

Helium Evolution Poised for Long-Term Success

Helium Evolution Incorporated (TSXV:HEVI) was interviewed by Daily Oil Bulletin, highlighting HEVI’s potential for long-term success in the helium space.

The interview covered Helium Evolution’s massive land position in southern Saskatchewan covering 5.5 million acres of helium land permits, making it second to North American Helium (NAH), with which HEVI has a farmout deal.

“Once we decided that we were going to jump into the helium space in Saskatchewan we realized that to do it in a meaningful way we would need a lot of land,” said Greg Robb, HEVI’s president and CEO. “We were still a private company then, so we weren’t very visible, and we also used a land agent to submit our postings, making it a bit of a double blind I suppose.”

HEVI accelerated its drilling program through an enhanced farmout agreement with NAH with the first well already drilled in October and the second well to be drilled in mid-December of this year.


To learn more about Helium Evolution, read the feature by Daily Oil Bulletin here.

Click here to read INN’s exclusive profile of Helium Evolution Incorporated (TSXV:HEVI) and get access to the company’s latest investor presentation.
HEVI:CA
Helium Evolution

Helium Evolution


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Helium Evolution Provides Update on Seismic Acquisition and Second Farmout Well Drilled by North American Helium

Helium Evolution Provides Update on Seismic Acquisition and Second Farmout Well Drilled by North American Helium

Helium Evolution Incorporated (TSXV:HEVI) (" HEVI " or the " Company "), a Canadian-based helium exploration and production company focused on finding, developing and commercializing assets in southern Saskatchewan, today provides an update on the second well (the " Second Test Well "), NAH Pinto Creek 01-01-06-10W3M, on farmout lands within Block 1 at Mankota in Saskatchewan.

The Second Test Well was drilled and fully funded by HEVI's farmout partner, North American Helium (" NAH "), pursuant to a previously announced farmout arrangement (see press releases dated October 21, 2022 , and June 28, 2022 ). After reaching total depth, NAH informed HEVI that the Second Test Well will be abandoned. NAH is expected to select its third licenced location on HEVI lands (the " Third Test Well ") by March 31, 2023 and spud the Third Test Well before June 30, 2023.

News Provided by GlobeNewswire via QuoteMedia

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Helium Evolution Confirms Second Farmout Well Spud by North American Helium

Helium Evolution Confirms Second Farmout Well Spud by North American Helium

Helium Evolution Incorporated (TSXV:HEVI) (" HEVI " or the " Company "), a Canadian-based helium exploration and production company focused on developing assets in southern Saskatchewan, is pleased to announce that its partner, North American Helium (" NAH "), has spud the second well (the " Second Test Well "), NAH Grasslands 01-01-06-10W3M, on farmout lands within Block 1 at Mankota in Saskatchewan, pursuant to a previously announced farmout arrangement (see press releases dated October 21, 2022 and June 28, 2022 ). The Second Test Well is situated 14 kilometres northwest of the NAH helium discovery at Mankota. Intermediate casing has been set on the Second Test Well and drilling will resume in Q1-2023 after the Christmas holiday season.

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Helium Evolution Announces Filing of Third Quarter 2022 Financial and Operating Results

Helium Evolution Announces Filing of Third Quarter 2022 Financial and Operating Results

Helium Evolution Incorporated (TSXV:HEVI) (" HEVI " or the " Company "), a Canadian-based helium exploration and production company focused on developing assets in southern Saskatchewan, today announced the filing of our unaudited financial results for the three and nine- month periods ended September 30, 2022, along with a corporate update on activities that have occurred subsequent to the end of the period.

For complete details of the condensed interim consolidated financial statements and the associated management's discussion and analysis, please refer to the Company's filing on SEDAR ( www.sedar.com ).

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Helium Evolution Provides Update on First Farmout Well Drilled by North American Helium

Helium Evolution Provides Update on First Farmout Well Drilled by North American Helium

Helium Evolution Incorporated (TSXV:HEVI) (" HEVI " or the " Company "), a Canadian-based helium exploration and production company focused on finding, developing and commercializing assets in southern Saskatchewan, today provides an update on the first of two wells that will be drilled by year end 2022 (the " First Test Well "), NAH Grasslands 13-30-2-8W3, on farmout lands within Block 1 at Mankota in Saskatchewan.

The First Test Well was drilled and fully funded by HEVI's farmout partner, North American Helium (" NAH "), pursuant to a previously announced farmout arrangement (see press releases dated October 21, 2022 , and June 28, 2022 ). After reaching total depth over the weekend, NAH has informed HEVI that the open hole portion of the First Test Well will be abandoned, but that NAH is electing to suspend the cased hole portion of the well to afford optionality and the ability to re-enter it at a later date, potentially to drill a sidetrack to another target. NAH is expected to spud its second licenced location on HEVI lands at NAH 1-1-6-10W3 (the " Second Test Well ") in mid-December.

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Helium Evolution Confirms First Farmout Well Spud by North American Helium

Helium Evolution Confirms First Farmout Well Spud by North American Helium

Helium Evolution Incorporated (TSXV:HEVI) (" HEVI " or the " Company "), a Canadian-based helium exploration and production company focused on developing assets in southern Saskatchewan, is pleased to announce that its partner, North American Helium (" NAH "), has spud the first well (the " First Test Well "), NAH Grasslands 13-30-2-8W3, on farmout lands within Block 1 at Mankota in Saskatchewan, pursuant to a previously announced farmout arrangement (see press releases dated October 21, 2022 and June 28, 2022 ). This First Test Well is situated due south of the NAH helium discovery at Mankota.

Drilling at the 13-30 location is expected to take approximately 14 days to reach a total depth of 2,720 metres. Once drilling has concluded, the rig is expected to move to NAH's second licenced location at NAH 1-1-6-10W3 (the " Second Test Well "). Preliminary flow test results from the First Test Well are anticipated to be available before the end of December, 2022.

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AlphaStruxure to Design, Construct, and Operate JFK's New Terminal One Microgrid, Creating the Largest Rooftop Terminal Solar Array in the U.S.

  • AlphaStruxure is leading the decarbonization efforts of what will be the largest international terminal at JFK
  • The 11.34 megawatt microgrid will transform the New Terminal One into the first fully resilient airport transit hub in the New York region that can function off-grid during power disruptions
  • The 7.66 MW PV system, consisting of over 13,000 solar panels, makes it the largest rooftop solar array in New York City and on any U.S. airport terminal

- Today, AlphaStruxure, a leader in Energy as a Service (EaaS) solutions, announced an agreement to design, construct, and operate integrated microgrid infrastructure at the New Terminal One (NTO) at John F. Kennedy International Airport. The microgrid will provide NTO with sustainable, resilient, locally generated, and cost-predictable energy. It will deliver immediate greenhouse gas emission reductions of 38 percent over grid-sourced energy and lead to cleaner air for the surrounding communities by eliminating the emission of criteria pollutants. The electricity generated by the microgrid is enough to power 3,570 average U.S. homes for one year. The project will feature the largest rooftop solar array in New York City and on any airport terminal in the United States with all available and viable rooftop areas being used for solar.

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Imperial Approves $720 million for Largest Renewable Diesel Facility in Canada

  • Facility expected to produce more than 1 billion litres per year, or 20,000 barrels per day, of renewable diesel
  • Renewable diesel has potential to reduce annual greenhouse emissions by about 3 million tonnes compared to conventional fuels
  • Project to supply British Columbia in support of province's plan to reduce greenhouse gas emissions

Imperial (TSE: IMO, NYSE American: IMO) said today it will further help Canada achieve its net zero goals by investing about $720 million (USD $560 million) to move forward with construction of the largest renewable diesel facility in the country. The project at Imperial's Strathcona refinery near Edmonton is expected to produce more than one billion litres of renewable diesel annually primarily from locally sourced feedstocks and could help reduce greenhouse gas emissions in the Canadian transportation sector by about 3 million metric tons per year, as determined in accordance with Canada's Clean Fuel Regulation. Regulatory approval for the project is expected in the near term.

News Provided by Business Wire via QuoteMedia

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Enterprise Group Subsidiary Awarded Project to Support Coastal Gas Link Construction

Enterprise Group Subsidiary Awarded Project to Support Coastal Gas Link Construction

Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"). Enterprise, a consolidator of energy services (including specialized equipment rental to the energyresource sector), announces that its subsidiary, Artic Therm International Ltd., ("Artic Therm") was awarded a project to assist in the protective coating application process of a significant section of the Coastal Gas Link Pipeline connecting N.E. British Columbia to the LNG Canada facility in Kitimat, BC.

Artic Therm's self-contained, portable truck heating units are capable of producing up to 3.3 million BTU of flameless heat and up to 15,000 CFM of clean, breathable air flow. Multiple ATI 2500 units will be heating several hundred metre sections of pipeline at a time, to achieve specific pipe temperatures. This heating effort is to assist in the application of a specialized protective coating. Extreme winter conditions, snow, and ice, make this coating process difficult in the remote Canadian landscape. The project is expected to take place over the remainder of the extreme winter season.

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Helium Evolution

Helium Evolution Announces Grant of Stock Options

Helium Evolution Incorporated (TSXV:HEVI) ("HEVI" or the "Company"), announces that it has granted stock options (the "Options") under the Company's stock option plan (the "Option Plan") to certain directors and officers (the "Option Recipients").

In aggregate, 1,950,000 Options have been granted, with each Option representing the right to receive one common share of the Company upon vesting, exercisable at a price of $0.16. The Options will vest as to 20% on each of the 6th, 12th, 18th, 24th and 30th month anniversaries of the date of grant. The Options will expire on January 24, 2028. These grants represent compensation to the Option Recipients for their respective service to the Company as directors and officers of the Company and as an incentive mechanism to foster the interest of such persons in the success of the Company.

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Imperial to hold 2022 Fourth Quarter Earnings Call

(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Dave Hughes, vice-president, investor relations, Imperial Oil Limited, will host a 2022 Fourth Quarter Earnings Call on Tuesday, January 31, following the company's fourth quarter earnings release that morning. The event begins at 9 a.m. MT and will be accessible by webcast.

During the call, Mr. Corson will offer brief remarks prior to taking questions from Imperial's covering analysts.

News Provided by Business Wire via QuoteMedia

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Ovintiv to Host its 2022 Fourth Quarter and Year-end Results Conference Call and Webcast on February 28, 2023

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 fourth quarter and year-end results conference call at 9:00 a.m. MT on Tuesday February 28, 2023 . The Company plans to release its financial and operating results after market close, Monday February 27, 2023 . In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com .

Ovintiv to Host its 2022 Fourth Quarter and Year-end Results Conference Call and Webcast on February 28, 2023 (CNW Group/Ovintiv Inc.)

To join the conference call without operator assistance, you may register and enter your phone number at https://bit.ly/3IGLDNX to receive an instant automated call back.

You can also dial direct to be entered to the call by an Operator. Please dial 888-664-6383 (toll-free in North America ) or 416-764-8650 (international) approximately 15 minutes prior to the call.

The live audio webcast of the event, including slides, also will be available on Ovintiv's website, under Investors/Presentations and Events, and will be archived for approximately 90 days.

Further information on Ovintiv Inc. is available at www.ovintiv.com , or by contacting:

Investor contact: (888) 525-0304
investor.relations@ovintiv.com

Media contact: (403) 645-2252

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/ovintiv-to-host-its-2022-fourth-quarter-and-year-end-results-conference-call-and-webcast-on-february-28-2023-301723695.html

SOURCE Ovintiv Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2023/17/c5878.html

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