– UK, London – Helix Exploration PLC (LON: HEX), the helium exploration and development company with near-term production assets within the ‘Montana Helium Fairway’, announced the appointment of Keith Spickelmier as Non-Executive Chairman, replacing David Minchin with immediate effect.
About Keith Spickelmier
Keith Spickelmier has been appointed as independent Non-Executive Chairman to assist in guiding the Company through the next phases of its growth strategy. He is a highly experienced energy executive with a proven track record in founding, scaling, and monetising oil and gas ventures.
Keith Spickelmier is the Co-Founder and Chairman of Sintana Energy Inc. (TSXV: SEI), a Canadian-listed company with strategic exposure to hydrocarbon assets in Colombia, Namibia, and Angola, and an enterprise value of approximately CAD$230 million as at the date of this announcement. Under his leadership, Sintana has raised more than CAD$55 million in funding and secured joint ventures with ExxonMobil in Colombia and with Chevron, GALP, and others in Namibia and Angola. He also co-founded and serves as Executive Chairman of Discovery Energy, which holds a 580,000-acre license in the Cooper Basin, Southern Australia. In addition, Keith is also a Board Member of Burgundy Exploration, which has assets on the North Slope of Alaska.
In 2003, Keith Spickelmier founded Westside Energy Corp., growing it from inception to a successful exit in 2008 via a sale valued at approximately $200 million. Additionally, he co-founded JK Acquisition Corp., a SPAC listed on the American Stock Exchange, which raised $80 million in its initial public offering.
Keith Spickelmier holds a J.D. from the University of Houston and a B.A. from the University of Nebraska at Kearney. Before his entrepreneurial career, he practiced law for over a decade and became a partner at Verner, Liipfert, Bernhard, McPherson and Hand, providing a foundation for his disciplined approach to corporate governance and transactional structuring.
About Helix Exploration
Helix Exploration is a helium exploration company focused on the exploration and development of helium deposits within the ‘Montana Helium Fairway’. Founded by industry experts with extensive experience in helium systems in the US, the Company was listed in April 2024.
Helix is focused on production at its Rudyard Project in northern Montana, taking advantage of existing infrastructure and low-cost processing to target first gas in 2025. The Company has four production wells targeting up to 236ft Helium / Nitrogen gas in the Souris and Red River formations, flowing up to 3,800 Mcf/day at 1.2% helium. Rudyard field can support multiple production wells and has the potential to generate net revenue of $115 – $220 million over a 12.5-year life of field.
Helix is committed to open and transparent communication with investors and the wider market as the project progresses through development into production.
“Our approach is simple: build scale efficiently, develop resources strategically, and deliver near-term cash flow.” CEO – Bo Sears
For more information: https://helixexploration.com/
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