3D Seismic Acquisition Commences at Sagebrush

Summary by AI BETAClose X

Quantum Helium Limited has commenced field operations for a high-resolution 3D seismic program at its Sagebrush helium project in Colorado, covering 16 square miles and linking to existing data at Coyote Wash. This survey aims to define the subsurface structures within the Leadville Formation and Ismay algal mounds to better understand the helium accumulation intersected in Sagebrush-1. Processing and interpretation are anticipated in Q1 2026, which will refine future drilling targets and support development planning, while the extended well test at Sagebrush-1 awaits final approval from the Bureau of Indian Affairs.

Disclaimer*

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

Carl Dumbrell

Chairman

 

NOMAD and Joint Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Adam Cowl

+44 (0) 20 3470 0470

Brand Communications

Alan Green

Tel: +44 (0) 7976 431608

Joint Broker

CMC Markets UK Plc

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.

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings