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With global helium prices hitting stratospheric levels, exploration companies are racing to snap up assets in Alberta in a bid to turn this province into a significant supplier of the in-demand gas.
“It’s a bit of a land rush right now, to be honest,” said Chris Bakker, CEO of Calgary-based Avanti Energy, which recently leased 7,000 acres in southern Alberta for the purpose of helium exploration and is in negotiations for another 12,000 acres in Montana.
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