Imperial Helium
In 2022, Imperial Helium was bought by Royal Helium in an all share transaction creating a company with over one million acres of prospective helium land across Southern Saskatchewan and southeastern Alberta. All of Royal’s lands are in close vicinity to highways, roads and cities and, importantly, close to existing oil and gas infrastructure, with a significant portion of its land in close proximity to existing helium-producing locations. With stable, rising prices and limited, non-renewable sources for helium around the world, Royal intends to become a leading North American producer of this high-value commodity. Royal’s helium reservoirs are carried primarily with nitrogen. Nitrogen is not considered a greenhouse gas (GHG) and therefore has a low GHG footprint when compared with other jurisdictions that rely on large-scale natural gas production for helium extraction. Helium extracted from wells in Saskatchewan and Alberta can be up to 99 per cent less carbon intensive than helium extraction processes in other jurisdictions.