Episode Details

HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) CEO Bo Sears talked with Proactive's Stephen Gunnionabout the company achieving a major milestone: becoming the first helium producer in the state of Montana. Sears addressed the market reaction to the production news and put the achievement into perspective, highlighting the speed of execution since IPO. He noted that from April 2024 to today, no other publicly traded helium explorer has reached production in just 22 months. He described the development as “an incredible milestone for our company.” The company’s strategy has been to enter production before finalising offtake agreements. Sears explained that helium buyers want proof of supply before signing contracts, stating, “It has always been our mandate to get into production and then enter into those offtake agreements.” He added that off-takers will be visiting the site in the coming weeks as HeLIX begins selling helium. At the Rudyard project, the plant is producing ultra-high purity helium designed for five-nine purity (99.999%). Sears emphasised that this level of purity opens broader market opportunities beyond standard balloon-grade helium. Currently, three wells are tied into the plant, with expected production of approximately 1,500 Mcf per day to start, scaling up toward 6,000,000 cubic feet per day of input gas as additional wells are connected. Watch the full interview to hear Sears discuss production ramp-up plans, offtake strategy, and operational updates from Montana. For more interviews like this, visit Proactive’s YouTube channel, give this video a like, subscribe to the channel, and enable notifications so you never miss an update. #HeLIXExploration #HeliumProduction #MontanaEnergy #HeliumMarket #BoSears #EnergyStocks #NaturalResources #UltraHighPurity #InvestorNews #ProactiveInvestors #HeliumIndustry #SmallCapStocks