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AMGAS has acquired a 40% participation in a Farmout Agreement providing it with the right to explore and develop natural gas, helium and other noble gases as well as brine minerals contained inside the Hugoton Gas Field in Haskell and Finney Counties, Kansas. The farmout agreement covers drilling and completion of up to 50 wells, including the first production well drilled and completed in August 2022. The Farmout Agreement provides the partners the right to utilize existing infrastructure assets, including water disposal, existing brine stream, gas gathering and helium processing, as part of the Farmout Agreement. The Farmout Agreement also provides the partners with rights to take in-kind, and market its share of helium. Therefore, we will be able to market and sell the helium produced, at prevailing market prices, by taking its helium in-kind.
Illinois Power PPO is a Decatur, IL-based company in the Energy & Utilities sector.
United Dimond - drilling solutions is a Calgary, AB-based company in the Energy & Utilities sector.
Natural Power Products Inc is a Princeton, ON-based company in the Energy & Utilities sector.
North Carolina`s electric cooperatives are a network of not-for-profit electric utility organizations powering the days and empowering the lives of 2.5 million North Carolinians from the mountains to the coast. There are 26 electric distribution cooperatives rooted in communities across the state, each committed to delivering homes, farms and businesses with safe, reliable, affordable and environmentally responsible electricity. There is a group of cooperative organizations in Raleigh that works for the 26 distribution cooperatives. This group includes: North Carolina Electric Membership Corporation, the power supplier to the co-ops; North Carolina Association of Electric Cooperatives, the trade association providing services to them; and Tarheel Electric Membership Association, the organization that supplies the cooperatives with the materials necessary to maintain their modern, sophisticated systems. Each cooperative is independent and owned by the people, called members, to whom it provides service. Those members elect the cooperative`s board of directors, which is responsible for establishing the cooperative`s policies, goals and strategies.