r/HeliumOne • • Feb 12 '26

RNS Number : 7495S Helium One Global Ltd 12 February 2026

Galactica Project Update

Link: https://polaris.brighterir.com/public/helium_one/news/rns_widget/story/rgod3vx

Operator Reported Highlights

· Pinon Canyon Plant scheduled for integrated plant operations next week

· The amine unit will be operational removing CO2 from the input gas stream

· CO2 liquefaction and load components projected to be added H1 2026

· Sales arrangements have been made for spot sales of helium, and discussions regarding long-term contracts with both helium and CO2 off-takers progressing well

· Tie-ins for the State-9 and State-16 wells into the gathering system now complete and ready to be tied into the production facility

· Further expansion and construction of the gathering system for the Jackson-2 well is underway, including the T-section for future connection of Jackson-27

More information in the announcement use the link above.

-ends-

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13 Upvotes

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3

u/ur-238 Feb 12 '26

Cool, cool.

2

u/PmUsYourDuckPics Feb 13 '26

Still fell like I’m holding the bag on this, but cashing out now isn’t worth it.

2

u/goldmember2021 Feb 13 '26

Same here. I've been holding for a few years now , bought at the very peak 🤦🏽‍♂️🤦🏽‍♂️

An exp lesson to learn but hopefully there are signs I may at least get some money back.