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Grand Gulf Energy LimitedASX: GGE

Deeper Stacked Helium Pay Adds Scale to Red Helium Project

Apr 15, 2024 at 12:10 AM EDT · Issued by Grand Gulf Energy Limited

Filed with ASX · Apr 15, 2024 at 12:10 AM EDT

On 6ix: 6ix.com/news/deeper-stacked-helium-pay-adds-scale-to-red-helium-project

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Story so far

  • Placement to Raise $2.5m to Accelerate Red Helium ProjectMar 24, 2023
  • Red Helium Project Working Interest Increased to 70%Jul 20, 2022
  • Red Helium Project Investor PresentationApr 26, 2022

Earlier from Grand Gulf Energy

  • Jesse Leadville Ideal for Stimulation - Gas Flowrate UpsideFeb 25, 2024
  • Jesse-1A Side-track Drilling Planned for Early 2024Feb 6, 2024
  • Jesse-1A Flows 1 Million Cubic Feet Gas Per Day -AmmendmentDec 20, 2023
  • Jesse-1A Flows 1 Million Cubic Feet of Gas Per DayDec 19, 2023
  • Jesse-1A Flows Helium to SurfaceDec 10, 2023

Later from Grand Gulf Energy

  • Increase in Red Helium Project Working InterestMay 27, 2024
  • Helium Offtake Agreement SecuredJul 7, 2024
  • Red Helium Project Drill Permit SecuredAug 5, 2024
  • Pause in TradingAug 19, 2024
  • Placement and rights issue to raise approximately $2mAug 21, 2024
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