"execution of a gas sales and processing agreement with Green...

"execution of a gas sales and processing agreement with Green Natural Gas, new owners of the advanced Lisbon Helium Processing Plant"

"plant located 20 miles north and connected by pipeline to the Red Helium project"

"agreement facilitates near-immediate monetization of the company’s Red Helium project with minimal CAPEX"

"continues a relationship with a proven helium refining facility with extensive helium processing and marketing experience"

"industry standard revenue split in favour of the producer"

"standard tariffs for gathering, compression and processing"

"access to the helium liquefaction train and associated premium grade helium markets and prices"

"recognition of the significant potential of the Red Helium project and the technical merits of the proposed near term development"

"development activities include the Jesse-3 and Earp-1 up-dip twins of historical wells with proven gas and reservoir"

"targeting a gross prospective resource of 12.7 billion cubic feet"

"agreement provides line of sight to monetisation of success with minimal time in a burgeoning helium market"

https://oilman.beehiiv.com/p/oilman-jims-letter-july-8-2024

Worth reading