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Helium One AGM Signals Progress for Las Animas County Helium Project

Helium One Global announced on November 17, 2025 that its Annual General Meeting will take place on December 15, 2025 as the company prepares to press ahead with development in Las Animas County. The filing highlights a six well development campaign in the Galactica Pegasus project with helium up to 3.3 percent and wells scheduled to be tied into initial production in the fourth quarter of 2025, a development that could have local economic and environmental implications.

Sarah Chen2 min read
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Helium One AGM Signals Progress for Las Animas County Helium Project
Helium One AGM Signals Progress for Las Animas County Helium Project

Helium One Global filed a regulatory notice on November 17, 2025 confirming plans to hold its Annual General Meeting at 9.00 a.m. GMT on December 15, 2025 at Hill Dickinson LLP in London and via a recorded webinar. The RNS filing reiterated the company holds a 50 percent working interest in the Galactica Pegasus helium development project in Las Animas County, Colorado, which is operated by Blue Star Helium Ltd.

The filing provides the clearest operational update yet for the county. It states that a six well development drilling campaign completed in the first half of 2025 encountered helium concentrations as high as 3.3 percent as well as measurable carbon dioxide. Under the project development plan the newly drilled wells are scheduled to be tied into initial production in the fourth quarter of 2025, with shareholder updates to be given at the AGM and questions handled at the start of the meeting before formal business is conducted.

For Las Animas County residents and local officials the timing is important. The move toward production could create work for local contractors, increase demand for trucking and services, and expand the footprint of industrial activity in the area. A 50 percent working interest means Helium One shares project economics with Blue Star Helium and other partners, so county receipts from property taxes, permit fees, and local procurement will depend on production volumes and the final operating structure. Production tie in during the current quarter would likely shift the most visible economic effects into 2026 as operations stabilize and supply chains form.

The technical results in the filing are noteworthy in market context. Helium is a strategic industrial gas used in medical imaging, semiconductor manufacturing, and scientific research, and any new domestic supply can affect regional market dynamics. Encountering up to 3.3 percent helium in development wells is described by the company as encouraging, while the noted carbon dioxide concentrations will factor into plant design, emissions control, and environmental permitting. Managing CO2 and other environmental impacts will be a focus for regulators and community stakeholders as the project moves toward production.

Shareholders are being provided proxy materials and the company will post the webinar recording on its website after the meeting. For local leaders in Las Animas County the RNS filing frames a near term window for engagement on permitting, workforce planning, and environmental monitoring as the project transitions from drilling toward initial production.

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