AIM-listed Helium One Global, the primary helium explorer in Tanzania with a 50% working interest in the Galactica-Pegasus helium development project in Colorado, USA, has provided an update following the Blue Star Helium announcement issued today regarding the Galactica Project.
Highlights
- Construction has commenced on the production facility pad and gathering system
- First helium production on schedule for December 2025
Details
Blue Star confirm that contractors, Redbud Partners LLC and PVC, broke ground on both the production facility pad and the gathering system yesterday, and remains on schedule to deliver first gas in December.
Site works are underway for the 120m x 150m production facility pad and concurrent upgrade of the immediate access road, which will prepare the site for the delivery and installation of production equipment. The procurement and delivery of all major production components is proceeding on schedule.
The gathering system is designed to incorporate future infill and expansion wells and will include taps and risers set for connection of future wells. Construction is starting at Jackson-31 followed by the main trunkline and then extending out to the other existing wells and finally connecting to the Pinon Canyon Plant site.
The Company remains on schedule to deliver first helium in December and first CO2 for sale in H1 2026. The Galactica Pinon Canyon Plant is planned to be ramped up to full capacity as wells are progressively tied in during H1 2026.
Blue Star's CEO on location at the Pinon Canyon Plant site as construction starts ahead of delivery and installation of construction equipment.
Redbud Partners LLC start construction of the gathering system from the Jackson-31 well location, prior to moving onto the trunkline and connection to the Pinon Canyon Plant site.
For further information please visit the Company's website: www.helium-one.com
Source: Helium One Global
