REG - Quantum Helium Ltd - 3D Seismic Acquisition Commences at Sagebrush
18/11/2025 07:15
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RNS Number : 9626H Quantum Helium Limited 18 November 2025
18 November 2025
Quantum Helium Limited
("Quantum" or the "Company")
3D Seismic Acquisition Commences at Sagebrush Project, Colorado
Quantum Helium Limited (AIM: QHE), advancing helium, hydrogen and hydrocarbon
projects in the USA, is pleased to announce that field operations have
commenced for the high-resolution 3D seismic programme at its Sagebrush helium
project in Colorado, USA where it holds an 82.5% Working Interest ("WI").
Highlights
· Seismic crews and equipment have now arrived on site, with
acquisition operations commencing this week.
· The survey will cover approximately 16 square miles across the
Sagebrush field and adjoining leads, linking to existing 3D coverage at Coyote
Wash (100% WI).
· Designed to image subsurface structures in the Leadville
Formation and Ismay algal mounds, the data will define the size, shape and
continuity of the known helium accumulation intersected in Sagebrush-1.
· Processing and interpretation are expected to be completed in Q1
2026, refining future drilling targets and supporting development planning.
Next Steps
· Completion of acquisition and initial processing before year-end.
· Full interpretation and mapping in Q1 2026 to define drill
targets and development options.
· Preparations for the extended well test at Sagebrush-1 remain
ongoing, with final approval from the Bureau of Indian Affairs (BIA) required
before operations can commence. The BIA's review process was temporarily
delayed by the recent U.S. government shutdown, but engagement with regional
offices has resumed and Quantum will provide further updates in due course.
Howard McLaughlin, Chief Executive Officer, commented: "We're delighted to
have seismic crews now mobilised and field work underway at Sagebrush. This 3D
programme will give us, for the first time, a detailed image of the subsurface
geometry around the Sagebrush-1 helium discovery. The survey will help define
the extent of the Leadville structure, identify additional algal mound leads
nearby, and link seamlessly with our Coyote Wash data to the north. Once
processed, this dataset will underpin our next round of drilling and potential
production planning in 2026."
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the
European Union (Withdrawal) Act 2018. Upon the publication of this
announcement via Regulatory Information Service ('RIS'), this information is
now considered to be in the public domain.
Enquiries:
Quantum Helium Limited NOMAD and Joint Broker
Carl Dumbrell SP Angel Corporate Finance LLP
Chairman Stuart Gledhill / Richard Hail / Adam Cowl
+44 (0) 20 3470 0470
Brand Communications Joint Broker
Alan Green CMC Markets UK Plc
Tel: +44 (0) 7976 431608 Douglas Crippen
+44 (0) 020 3003 8632
Updates on the Company's activities are regularly posted on its website:
www.quantum-helium.com
Notes to editors
Quantum (AIM: QHE) is a helium, hydrogen and hydrocarbon exploration,
development, and production company with projects in the US and Australia.
Quantum's strategic objectives remain consistent: to identify opportunities
which will provide operating cash flow and have development upside, in
conjunction with progressing exploration. The Company has several projects in
the US, in addition to royalty interests in Australia.
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