Helix Exploration PLC (LSE:HEX) has confirmed the mobilization of flow testing equipment to the Inez #1 well at its Rudyard Field project, with testing scheduled to start on August 19, 2025. The program will evaluate helium-bearing zones to determine both reservoir performance and helium concentrations, with results expected before the end of the month.
This initiative represents an important step in Helix’s strategy to expand production capacity and respond to rising global demand for helium. Successful results could strengthen the company’s operational outlook and set the stage for a stronger second half of the year.
About Helix Exploration PLC
Helix Exploration PLC is dedicated to helium exploration and development, focusing on the “Montana Helium Fairway.” Established by industry veterans, the company seeks to leverage existing infrastructure and cost-efficient processing to bring helium production online, targeting first gas in 2025. Helix currently operates four production wells at its Rudyard Project in northern Montana, with potential to generate significant revenues over an estimated 12.5-year project lifespan.
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