Canada's Helium Boom

Battle Creek is the largest helium purification plant in Canada and North American Helium's flagship processing facility. The plant receives raw gas from surrounding wells, separates helium from nitrogen and trace gases through cryogenic processing, and produces Grade-A liquid helium (99.999% purity). Battle Creek was the cornerstone of NAH's commercial-scale ambitions and has been expanded multiple times since its initial commissioning.

The Mankota facility is a joint venture between North American Helium and Helium Evolution Inc. (HEVI), which holds a 20% working interest. The plant processes raw gas from the Soda Lake area wells, where helium concentrations reach up to 2% — well above the economic threshold for extraction. The facility came online in Q4 2025 and represents the first significant commercial partnership in Canada's helium sector.

Antelope Lake is NAH's ninth production facility and became operational in September 2024. The site is part of NAH's strategy to develop a distributed network of smaller-scale purification plants across its vast land position in southwestern Saskatchewan, each connected to local well clusters via gathering pipelines.

Steveville is Alberta's first commercial helium purification plant. Located in southeastern Alberta, the facility processes raw gas from wells tapping the Bow Island and Milk River formations, where helium concentrations average 0.5–1.0%. The plant produces Grade-A liquid helium and was designed as a modular facility that can be expanded as additional wells are connected.

Climax is Royal Helium's most significant asset — a major helium discovery in the Regolith zone of southwestern Saskatchewan. Exploration wells have encountered helium concentrations of 1.0–2.0% with an estimated 2.5–6.0 Bcf of helium in-place, potentially making it one of the largest undeveloped helium accumulations in North America. The processing plant is being designed to handle multi-well production.

Helium Evolution's primary producing asset is its 20% working interest in the North American Helium joint venture at Soda Lake, near Mankota. Under the JV terms, NAH serves as operator and handles processing, while HEVI participates in well costs and receives its share of helium revenue. The arrangement gives HEVI exposure to commercial helium production without the capital burden of building its own purification infrastructure.

The Worsley project covers 53,000 acres in the Peace River Arch region of northwestern Alberta. First Helium has identified helium-bearing formations at relatively shallow depths, with concentrations ranging from 0.3–1.5%. The company's strategy is to develop helium alongside associated light oil production to generate near-term cash flow while building toward helium-focused development. An independent resource estimate has identified approximately 323 MMcf of prospective helium resources across the land position.

Avanti holds a contiguous block of approximately 63,000 acres in the heart of Saskatchewan's helium fairway. The company has drilled joint venture exploration wells with North American Helium, testing multiple geological targets in the area. Results have confirmed the presence of helium in several formations, though commercial flow rates and concentrations are still being assessed. Avanti's land position sits within the same geological trend that hosts NAH's producing facilities.