AC

Altura Energy Corp

ALTU.V
VMaterials
$0.35
USD
-0.01(-2.78%)
At close: May 19, 00:00 UTC
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Market Snapshot

Market Cap

$21.86M

EPS

-0.26

Revenue

$137K

About

Altura Energy Corp. is a helium exploration, production, and storage solutions company. The Company’s principal business activity is helium exploration, production and storage solutions. Its Pinta-South Helium Project contains ultra-high helium concentration of 5-8% in the prolific Holbrook basin of Arizona. The firm holds an interest in existing helium production as well as a working interest in a large-scale helium exploration and production program in the Holbrook Basin (the Pinta South Project). The company owns about 27,000 acres in the prolific Holbrook basin in Arizona, United States. The company has nine wells connected to pipeline with an additional 10 wells at various stages of completion awaiting tie-in and more than 300 well development plan. The company targets multiple reservoirs, including Shinarump Formation, Coconino Sandstone, Fort Apache Dolomite, Big A Butte, and Granite Wash and Basement. The company supplies American high-tech industries with high-grade green helium.

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