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GOLD 4061.20 −2.1% SILVER 54.96 −4.8% COPPER 6.41 −2.5% OIL 99.84 +2.8% PALLADIUM 1057.75 −3.0% FVI 13.44 −7.4% KTN 0.850 −9.6% FTUR 0.240 −14.3% YARR 0.145 −3.3% ATY 0.220 −6.4% EMNT 0.300 −11.8% MOO 0.680 +13.3% BMM 4.19 −2.6% GR 0.060 +0.0% ALS 52.73 −5.4% BUFF 0.740 +5.7% MGG 0.240 −7.7% ALEX 0.305 −10.3% TAJ 0.150 −6.2% VCG 1.30 −3.0% WRR 0.240 +0.0% GOLD 4061.20 −2.1% SILVER 54.96 −4.8% COPPER 6.41 −2.5% OIL 99.84 +2.8% PALLADIUM 1057.75 −3.0% FVI 13.44 −7.4% KTN 0.850 −9.6% FTUR 0.240 −14.3% YARR 0.145 −3.3% ATY 0.220 −6.4% EMNT 0.300 −11.8% MOO 0.680 +13.3% BMM 4.19 −2.6% GR 0.060 +0.0% ALS 52.73 −5.4% BUFF 0.740 +5.7% MGG 0.240 −7.7% ALEX 0.305 −10.3% TAJ 0.150 −6.2% VCG 1.30 −3.0% WRR 0.240 +0.0%
Production / Operations

Altura Energy Successfully Recompletes Two Initial Wells and Is Producing and Selling Helium Through Onsite Processing Plant as of November 19, 2025

By The Northwire Desk — AI Analysis Nov 20, 2025 · 07:31 ALTU · 0.115 Altura Energy Corp.
ALTU · Price

Executive Summary

  • Altura Energy successfully recompleted two previously drilled wells (Well #1 and Well #2) on Nov 7 and Nov 13, re‑establishing helium flow to its onsite processing plant.
  • Initial 12‑hour production rates are 123 mcf/day from Well #1 and 118 mcf/day from Well #2, with helium concentrations of approximately 5%–8%.
  • Helium is being sold under a contract at US$350 per mcf (less plant‑maintenance deductions), and the company plans to evaluate three additional wells pending gas‑analysis results.

Key Details

  • Recompletion dates: Well #1 – 7 Nov 2025; Well #2 – 13 Nov 2025.
  • Initial flow rates (first 12 h):
  • Well #1 – 123 mcf/day of gas.
  • Well #2 – 118 mcf/day of gas.
  • Helium concentration: Estimated 5%–8% based on processing‑plant data; formal gas analysis pending.
  • Offtake agreement: Helium sold to partner at US$350 per mcf, less deductions for plant maintenance.
  • Well condition: Both wells originally drilled in 2020 with no prior work; recompletion restored stable downhole pressures and positive long‑term production indicators.
  • Operational monitoring: Daily on‑site engineering team assigned to ensure consistent helium output and assess any required maintenance.
  • Future development plan: Evaluation of three additional wells on the property; completion contingent upon results of gas analysis from the initial two wells.

Notable Quotes

“Since these wells have had no work done to them after being drilled in 2020, I was pleasantly surprised by the state of the wells and the positive pressure signs they are showing now that recompletion work has finished,” – Ashley Lastinger, CEO, Altura Energy Corp.

Read the original news release →

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