ABOUT GLOBAL HELIUM (HECO)

THE HECO OPPORTUNITY

Helium Development Done Right

We are unique:

COMMITTED TO SUSTAINABILITY

Focused on continuous improvement

HECO: Timeline to Helium Production

HECO continues to drive forward on the path to commercial helium production

Q1’22

> Saskatchewan seismic program commences

> Saskatchewan land increased to 1.5MM acres

 

Q2’22

> Strategic investor & new board member addition

> Acquisition of three helium assets in Montana

2H’22

> Journey Engineering engaged to advance Montana helium processing facility

1H’23

> Perpetual Energy agreement to drill 2 wells & further explore Manyberries, a proven helium producing region in SE AB

2H’23

> Drill 2 wells at Manyberries by YE 2023

> Ongoing management evolution & financing to fund drilling program

1H’24

> Begin production facility planning for Manyberries

> Data acquisition and step-out exploration on Manyberries asset

2H’24

> Commission helium production facility at Manyberries

> Exploration tests in Saskatchewan & Montana

The new supplier: Canadian Helium

The disappearance of the global helium reserve in the US creates greater opportunity for helium exploration in the Canadian Prairies.

(Cormark Securities Inc. July 2, 2020)

Canada offers an attractive environment for helium extraction given the availability of:

  • Vast well and seismic data
  • Extensive drilling expertise
  • Favorable lease terms and royalties.
  • Existing production facilities
  • Proven reserves

Drilling for helium is nearly identical to the process of drilling for natural gas, an industry which generated massive data on helium. Unlike the USA, this data is reliably available within the historic oil and gas field records of the Canadian prairies.

The new supplier: Canadian Helium

The disappearance of the global helium reserve in the US creates greater opportunity for helium exploration in the Canadian Prairies.

(Cormark Securities Inc. July 2, 2020)

Canada offers an attractive environment for helium extraction given the availability of:

  • Vast well and seismic data
  • Extensive drilling expertise
  • Favorable lease terms and royalties.
  • Existing production facilities
  • Proven reserves

Drilling for helium is nearly identical to the process of drilling for natural gas, an industry which generated massive data on helium. Unlike the USA, this data is reliably available within the historic oil and gas field records of the Canadian prairies.

COMPETITION

Royal Helium

Market Cap
$56.2 million

Blue Star Helium

Market Cap
$28.2 million

Desert Mountain Energy

Market Cap
$92.0 million

Helium One

Market Cap
$37.5 million

COMPETITION

Royal Helium

Market Cap
$56.2 million

Blue Star Helium

Market Cap
$28.2 million

Desert Mountain Energy

Market Cap
$92.0 million

Helium One

Market Cap
$37.5 million

FOR THE ENVIRONMENT: A ZERO-CARBON SOLUTION

A Zero-Carbon Solution

MANAGEMENT

An experienced team of energy development executives with a commitment to high integrity operations, committed to applying proven oil and gas technical expertise to realize efficient and effective development of helium.

Jesse Griffith

CEO

Mr. Griffith was previously the founder and Vice President of Crestwynd Exploration Ltd., which was recently acquired for more than $200 million by a major publicly listed company. The majority of Mr. Griffith’s career to date has involved starting and growing businesses through M&A, land acquisition, exploration and execution. Mr. Griffith has progressed over 17 years in the oil and gas industry in the capacity of founder, executive management, business development, exploration, operations, land management, legal responsibilities, asset evaluation and corporate evaluation. He has been intimately involved in the early-stage growth and development of several upstream oil and gas companies in Canada and the United States. He has developed a strong working knowledge of the helium industry through his extensive relationships and personal interest in helium.

Tom Cross, CA, CFA

CFO

Tom Cross is a chartered professional accountant and a CFA charterholder with 20 years’ experience in both upstream and midstream resource sectors and financial services. Mr. Cross has led various finance functions in both private and public company environments including Tundra Oil and Gas and Kingston Midstream. His experience spans all financial aspects of companies he has been involved with, including corporate finance, financial reporting, budgeting and forecasting, cash management and internal controls. After receiving a Bachelor of Commerce degree from the University of Calgary, he began his career in the audit practice of Ernst & Young LLP in 2002 and went on to spend 3 years in KPMG’s Transaction Services group in New York before settling back in Canada in 2010.

Duncan MacKenzie, P. Geol

Vice-President, Geosciences

Duncan MacKenzie is a geoscientist with 20+ years’ experience with all aspects of finding and commercializing industrial gases primarily in western Canada. Duncan has also worked as a geoscientist on U.S., South American, and West African projects. He is well versed in gas reserve evaluations and is privileged to be part of a network of skilled and experienced geoscientists focusing on environmentally friendly, non-combustible gases. He has been working on rare gas exploration since 2015.

Kade Holladay, P. Geo

Manager, Exploration & Development

Kade Holladay is a professional Geophysicist with 15+ years of experience in all aspects of seismic and geophysical exploration along with multiple years of well site operations, exploration and development drilling and data analytics. Mr. Holladay has worked across the entire Western Canadian Sedimentary Basin and brings a unique skill set to Global with the experience and ability to both explore and discover new opportunities while seeing them through to the development stages. Mr. Holladay is a key member of the Global team and will be integral to our success as we begin development and exploration operations.

BOARD

HECO’s board brings an optimal skillset to take the Company through the next phase of development on our path to creating shareholder value.

Jesse Griffith

Director

Mr. Griffith was previously the founder and Vice President of Crestwynd Exploration Ltd., which was recently acquired for more than $200 million by a major publicly listed company. The majority of Mr. Griffith’s career to date has involved starting and growing businesses through M&A, land acquisition, exploration and execution. Mr. Griffith has progressed over 17 years in the oil and gas industry in the capacity of founder, executive management, business development, exploration, operations, land management, legal responsibilities, asset evaluation and corporate evaluation. He has been intimately involved in the early-stage growth and development of several upstream oil and gas companies in Canada and the United States. He has developed a strong working knowledge of the helium industry through his extensive relationships and personal interest in helium.

Kevin Cameron

Director

Mr. Cameron has an extensive background across multiple industries, most recently as the CEO of Ionetix Corporation, a cutting-edge diagnostics and therapeutics company that manufactures superconducting cyclotrons for the point-of-care production of PET radioisotopes. Kevin is also the Executive Chairman and co-founder of Glass Lewis, the world’s second largest corporate governance and proxy advisory services firm. He served as President and General Counsel from 2003 to 2007, and then on Glass Lewis’ Research Advisory Council from 2007 to 2019. Prior to co-founding Glass Lewis, he was general counsel of Moxi Digital, a technology venture that was sold to a company controlled by Microsoft co-founder Paul Allen. Previously, he was the general counsel at NorthPoint Communications, a publicly traded broadband telecommunications company. Kevin was an attorney with the corporate law firm of Kellogg, Huber, Hansen, Todd & Evans in Washington D.C. and served as a law clerk to the Hon. James L. Buckley of the United States Court of Appeals for the District of Columbia Circuit.

Darcy Spady

Director

Mr. Spady holds a Bachelor of Science degree in Petroleum Engineering from the University of Alberta and brings close to 40 years of energy industry engineering and leadership experience. Mr. Spady is currently the Managing Partner and co-founder of Carbon Connect International, a firm working with governments and the private sector to build technical capacity and develop pathways to achieve net zero emissions targets. Prior to co-founding Carbon Connect International, Darcy was the first ever Canadian President for the Society of Petroleum Engineers. (International) after being elected to the position for 2018. Prior to that, Darcy held executive and management positions at two Calgary-based TSX Venture Exchange companies and a Calgary-based global energy services company. Prior to moving to Calgary, Mr. Spady was based in Charleston, West Virginia and Fredericton, New Brunswick, serving in various management positions as part of the Columbia Natural Resources / Triana Energy team, that sold to Chesapeake Energy for $2.2 billion USD in 2005. 

Robert Nathan

Director

Mr. Nathan is an attorney and investor with extensive experience in venture formation and capital raising, who brings experience across a broad array of industries, including real estate development. After leaving the practice of law, he was a partner at New York-based Cinetic Media Inc., a boutique media investment bank specializing in project finance, sales representation and advice, where he co-founded a content aggregation platform for selling film and television content to all major distribution platforms and which was acquired by private equity. Nathan practiced law at the international corporate firm of Morrison and Foerster LLP in San Francisco, representing clients in multi-jurisdictional intellectual property litigation, and prior thereto practiced complex civil litigation with Sachnoff & Weaver Ltd in Chicago, focused on regulated industry and securities litigation in State and Federal courts. He is a past Chairman of Trustees for Alaska, a nonprofit public interest environmental law firm providing legal services to protect and defend public lands, waterways, wildlife, wild foods, clean air and water, and communities in Alaska.

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