Investor Presentaiton
UPSIDE POTENTIAL
EE
The combination of low-risk production in shallow wells
and high upside potential in deeper wells is ideal for us
and our shareholders.
Potential Pay
Zones
Robert Price, CEO
TOTAL HELIUM.M
•
⚫ Acreage: Ongoing negotiations to increase holdings.
•
•
•
Well Spacing: License acquired to decrease well spacing from 160-acres to 80-acres,
increasing the number of wells that can be drilled. Further potential to decrease
spacing to 40-acres if deemed economical.
Deeper Formation: Coconino Sandstone, Fort Apache Dolomite, Big A Butte,
Granite Wash and Basement at (3,800ft) providing the Company with a deeper
formation to drill into
High Concentration & Production Channel: Data indicates a high helium
concentration (8%+) & production (1,000+ mcf/d) channel running through the
property. Management is confident they can identify and target the channel with
future wells.
Selling Price Increase: Opportunity to sell on open market at spot pricing US$ 500 -
1,000/mcf today with supply shortages continuing.
TOTAL HELIUM™
Precambrian Penn
Permian
Triassic
TSXV: TOH OTC: TTLHF
10
10
Shinarump
Fm
Moenkopi Fm
Coconino Fm
Shinarump Development
⚫ $220k estimated completed well cost
150+ wells at 160 acre spacing with
additional infill opportunity on 80 acre
spacing (300 wells) or 40 acre spacing
(600+ wells)
• Drill depths of 700' - 1,200'
• Proven 5-8% helium
Corduroy
Ft Apache
Big A Butte
Amos Wash
Naco Fm
Precambrian
Basement
Supai Fm
Supai-Basement targets draped over
basement structures (Deeper Potential)
⚫ Puerco Ridge Deep Prospect -
structure partly mapped on 2D potash
seismic and regional well control
⚫Fort Apache (8.2% He), Upper Big A
Butte, Granite Wash, fractured
basement
⚫PSOC's rig is capable of drilling to
depth of 5,000 ft.
⚫ These deeper formations were not
included in Sproule's competent
person's report and represent potential
upside
August 2023 Investor PresentationView entire presentation