Altura Energy Begins Recompletion Work on the First Two of Eight Wells

Executive Summary

• Altura Energy Corp. is commencing recompletion (workover) activities on its eight Helium wells in northeast Arizona, with the first two wells slated to start October 27, 2025.
• The company has consolidated 100% ownership of the eight wells and will evaluate each well for simple corrective actions versus more extensive interventions.
• Workovers are expected to take 5‑10 days per well; flow results from the initial two wells will be released after testing is complete.

Key Details

• All necessary contractors have been scheduled; a workover rig is already onsite and being positioned as of October 27, 2025.
• Altura originally held a 50% interest in the eight Helium wells (acquired in 2023); it has now consolidated to 100% ownership and will operate all wells directly.
• The eight wells ceased production shortly after connection to the plant; no engineering‑driven effort was previously undertaken to restore output.
• Initial focus: evaluate the first two wellbores for issues such as low water level or sand blockage of perforations, which could be remedied quickly and inexpensively.
• If simple fixes are insufficient, more costly but potentially economic measures (re‑logging, cement squeezing, reperforating) will be considered.
• Workover schedule: each well is expected to require approximately 5–10 days of work, plus rig relocation time between wells.
• Upon completion of the first two well workovers and subsequent testing, Altura will publish flow results for those wells.

Notable Quotes

(No executive quotes were included in the release.)