Helium One Global Ltd joint venture has agreed an initial off-take agreement for output from the Pinon Canyon processing plant at the Galactica project in Las Animas County, Colorado, USA. RUKWA Partner and operator Blue Star Helium signed the three-month transaction with a “major US industrial gases purchaser” for the plant’s early production. Negotiations continue […]
Tag: off-take agreement
Beacon makes initial investment in Colle Santo
Beacon Energy plc has completed its initial investment in the Colle Santo gas field in the Abruzzo region, Italy. REABOLD The company now holds an approximate 24% indirect interest in LNEnergy, whose subsidiary owns the field. Subject to receiving a production concession, Beacon will acquire a further 24% indirect interest, for a total 48%, which is […]
Tungsten West advances funding talks for Hemerdon
Tungsten West plc said it was progressing further debt funding as it continues preparations to restart production at its Hemerdon tungsten-tin mine, north of Plymouth in Devon. PRODUCTION Talks with “a number of potential lenders” have advanced to term sheet stage, which are additional to August 2025 expression of interest from the US EXIM bank. […]
Helium One JV produces first gas at Galactica
Helium One Global Ltd has begun producing helium gas from the Galactica joint venture project in Las Animas County in Colorado, USA. PROJECT LIFE Partner and operator Blue Star Helium commissioned the Pinon Canyon processing facility on 22 December, within the target date. Helium One said that off-take agreements were initially expected to be short-term […]