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Altura Energy Corp. reports developments tied to its helium assets in Arizona's Holbrook Basin, including pipeline installation, well tie-ins, workovers, and acreage expansion around the Pinta South Helium Field. Company updates also cover farm-in agreements, field infrastructure, helium production plans, and project-level activity at the Saddle Horse Draw target.
Altura news also includes public-company capital and governance items such as common-share issuances for services, advisory and investor-relations arrangements, and shareholder ownership notifications.
Altura Energy (OTCQB: ALTUF) has entered into a one-year equity research coverage agreement with Granite Point Research, dated June 3, 2026. Granite Point will provide sponsored equity research and investor awareness services under TSX Venture Exchange and securities law requirements, for CAD$11,250 per quarter, subject to TSXV approval.
Altura Energy (OTCQB: ALTUF) is advancing green helium production at its Pinta-South project in Arizona's Holbrook Basin. The company reports helium concentrations of 5–8%, a contracted offtake agreement with Linde, and a Navajo Springs farm-in covering 2,560 acres with 100% working interest.
The article situates Altura's expansion plans against a global helium supply disruption after damage to Qatar's Ras Laffan complex, which removed about one-third of global supply. Granite Point Research has issued a target price of C$0.60, implying roughly 87.5% upside from recent trading levels.
Altura Energy (OTCQB: ALTUF) appointed Ashley Lastinger as full-time CEO effective June 1, 2026. Lastinger brings over 15 years of petroleum engineering and operations experience across major US onshore fields and plans to focus on scaling operations and strengthening Altura’s helium market position.
The company granted Lastinger 500,000 stock options at $0.30 per share, expiring June 1, 2031. Options vest in four 25% tranches when the share price reaches $0.50, $0.75, $1.00 and $1.25, and are subject to resale restrictions until October 2, 2026.
Altura Energy (OTCQB: ALTUF) completed its helium pipeline construction and tied in six initial wells to the processing facility on time and on budget. The project, finished in a little over a month, involved over 8 miles of pipeline with trenching, boring and fusion welding.
Since acquiring 100% of the Pinta South Helium Field in September 2025, Altura has recompleted two wells, secured a multi-section farmout near commercial helium production, finished the pipeline and tied in all six wells. All initial infrastructure upgrades are now complete, and the company is shifting focus to re-establishing helium production in 2026.
Altura Energy (OTCQB: ALTUF) announced that major shareholder Ms. Burke purchased 50,000 common shares on the TSX Venture Exchange at an average price of $0.30 per share. After the transactions she controls 5,746,830 common shares and 200,000 warrants (7.87% undiluted; 8.12% partially diluted).
Prior to this purchase she held 5,696,830 shares and 200,000 warrants. Because of a prior private placement, Ms. Burke is no longer a 10% shareholder and is not required to file additional early warning reports unless her position changes.
Altura Energy (TSXV: ALTU / OTCQB: ALTUF) says pipeline replacement and infrastructure upgrades at Saddle Horse Draw in the Pinta South Helium Field remain on schedule and on budget, enabling tie-ins of existing wells within weeks. The first two recompleted wells flowed 123 mcfd and 118 mcfd at 6.5% helium during initial tests. Altura plans three additional workovers to connect to the new pipeline. The company described these steps as positioning for potential near-term helium sales and potential cash flow generation while noting industry price strength near US$1,000–1,200 per thousand cubic feet.
Altura Energy (OTCQB: ALTUF, TSXV: ALTU) issued common shares to Haywood Securities under a strategic advisory agreement dated January 27, 2026. The 12-month agreement totals US$180,000 in fees payable in shares (US$15,000/month; US$45,000 quarterly in arrears).
The Company issued 192,347 common shares at a deemed price of $0.32 per share as compensation for services for the first three-month period ended April 27, 2026. Those shares are subject to a four-month-and-one-day hold period under Canadian securities laws.
Altura Energy (OTCQB: ALTUF) entered a four-month investor relations agreement with Emerging Markets Consulting, LLC dated April 20, 2026. The company paid US$150,000 in advance for IR services to start on the agreement effective date, renewable for successive four-month terms at the same fee.
Services include media, webcasts, approved corporate materials, email distribution and outreach to advisors and brokers, subject to TSXV approval and compliance with applicable securities laws.
Altura Energy (OTCQB: ALTUF) finalized a farm-in agreement for approximately 2,560 acres in the Holbrook Basin, Arizona, contiguous to two existing helium wells. The adjacent wells (Altura has a 20% non-working interest) have produced over USD $11M in helium sales since 2021.
The acreage potentially supports up to 64 additional wells in a shallow (~300m) formation with multi-zone upside, positioning Altura to scale production amid tightening global helium supply.
Altura Energy (TSXV: ALTUF) has started a pipeline replacement and infrastructure upgrade at the Saddle Horse Draw target in the Pinta South Helium Field, Holbrook Basin, Arizona. After completion, two recompleted wells that previously flowed 123 mcfd and 118 mcfd are expected to resume production.
The program includes a new pipeline to the processing plant, SCADA installation for real-time monitoring, and workovers on four remaining wells to support scalable development and improved operational reliability.