Helium
The High Tech Gas
Our prospect
2CP has identified two significant helium opportunities, strategically located in the USA, and is actively raising capital to establish a land position.
The total project size has identified c. 800,000 acres containing areas with stacked reservoirs and zones between 0.9% and 2.2% helium content
Stage 1 of the project includes establishing a land position of 200,000 acres
Why Helium?
Helium Uses – Critical High-Tech Applications
- Liquid helium’s extremely low boiling point makes it fundamental for many technical processes
- Helium is used as an inert gas for cryogenic, heat transfer, shielding, leak detection, analytical and lifting applications
- Growing applications in in space, quantum computing, semi-conductor, electronics, nuclear fusion, healthcare
Helium Uses
Magnetic Resonance Imaging
Magnet cooling a single MRI scanner requires approximately 700 litres of helium per year
Rockets & Satellites
Systems cooling and fuel pressurising
Fibre Optics
Highly purified glass preform creation and fibre cooling
Breathing Atmospheres
Faster, easier, and safe decompression
Electronics
Production cooling
Chromatography and Laboratory Applications
Carrier gas and purge gas, zero gas or neutral atmosphere gas
Key Market Trends
- Structural supply deficit, emergence of “Helium Shortage 4.0”
- Production is highly concentrated, with ongoing disruption and maintenance issues at key plants impacting supply
- On the critical material lists of the USA, EU, China and other major economies
- Geopolitical tensions and potential sanctions against Russian producers disrupting the market
Helium Market Supply and Demand
Helium The High Tech Gas
Low Cost Development
Manufacturing style project, highly repeatable and scalable
Low-cost drilling and operations, dry gas completions
Single casing string well construction
Transport options: low cost, road or pipeline
Proximity to North Americas only existing helium dedicated pipeline’
