Operations

Overview

Quantum Helium’s strategic objective remains to identify opportunities which will provide operating cash flow and have development upside, in conjunction with exploration of existing exploration permits and acquiring high potential projects.

Following a careful strategic review, Quantum Helium’s current focus is on high potential helium assets in the USA to deliver growth by identifying commercial helium resources that can be commercialised and deliver reserves, production and cash flow.

In pivoting to helium, Quantum Helium remains focused on exploration, development and production, applying the technical and commercial skills from our extensive hydrocarbon experience to the newer, more exciting and valuable markets of helium and hydrogen.

As a Group, we are proudly opportunistic in our quest for good assets to acquire and commercialise.

Revitalised strategy with pivot to helium

2024 pivot to helium

Increasing demand for helium as essential in many critical industries
Limited global supply
US is the larger producer
Opportunities in US

Progress

Succesfull transition
Identified and acquired l helium exploration projects in USA
Sail of main oil assets
Progressing expanding helium portfolio

Projects

USA

Our USA projects span key sites in Texas, with producing wells and exploration upside in regions known for oil, gas, and helium occurrences, supporting both cashflow and future growth.

Projects

Milestones

Learn more about key milestones in our journey, including acquisitions, disposals, royalty agreements and our name change from Mosman Oil & Gas Limited in 2025 to reflect the Company’s new management and focus on helium exploration and development.

Royalty Assets in Australia

As part of its strategic shift to helium exploration, development and commercialisation, Quantum Helium converted its interests in the Amadeus Basin to a royalty in order to prioritise capital expenditure on its USA assets.

EP 145, West Walker Anticline

Quantum Helium’s EP 145 permit was sold to Echelon Resources Limited, a company that has interests in the adjacent Mereenie gas field. Quantum Helium holds a 5% royalty on production. This strategic sale avoids the significant exploration costs of AU$2.5M in 2025, and the permit covers a prospective base case resource of 440Bcf total gas and 26.4Bcf helium (independently verified, SRK 2023).

EPA 155, Horn Valley Siltstone Fairway

Quantum Helium’s EPA 155 permit was sold to Georgina Energy Plc in January 2025. The permit application sale and prior exploration activity by Quantum Helium has been converted to a 2.5% royalty. EPA 155’s prospective resources include 1626Bcf natural gas, with 197Bcf helium (Georgina Energy, 2022).