Dane Lance News Today

The new CEO was promoted from within the company.

Elevates Brad Schuler from COO to CEO.

Brad Schuler moves to CEO from COO. 

Grand Gulf Energy has unexpectedly flowed significant helium to surface during initial re-entry operations at its Jesse-1A well, part of the Red Helium project, in Utah.

Australia-based helium exploration and production firm Grand Gulf Energy made a helium gas discovery after drilling the Jesse-2 well.

There’s a shortage of helium and the pricing environment is right – if explorers can find any

Grand Gulf Energy has received approval of the Permit to Drill from the Utah Division of Oil, Gas and Mining (UDOGM) for the second pure-play helium well, Jesse-2, at the Red helium project.

Perth-based explorer Grand Gulf Energy (ASX: GGE) has received regulatory approval to drill a second pure-play well at the Red Helium project in the prolific Four Corners region of Utah’s Paradox Basin.

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Grand Gulf Energy has confirmed it Jesse#1A maiden pure-play helium well is on schedule.