Welcome to our dedicated page for New Era Helium news (Ticker: NEHC), a resource for investors and traders seeking the latest updates and insights on New Era Helium stock.
New Era Helium Inc (NEHC) provides critical helium resources through advanced extraction of natural gas reserves in North America. This dedicated news hub offers investors and industry professionals centralized access to official announcements and strategic developments shaping this specialized energy sector.
Find timely updates on operational milestones, including helium production volumes, geological survey results, and partnerships with industrial gas distributors. Our curated collection features earnings reports, technology innovations, and regulatory compliance developments essential for understanding NEHC's market position.
Key updates include announcements about extraction process enhancements, natural gas reserve acquisitions, and helium purity standards. This resource eliminates the need to track multiple sources, providing verified information directly from corporate communications and vetted industry reports.
Bookmark this page for streamlined monitoring of NEHC's operational progress and competitive strategies in helium production. Regular updates ensure stakeholders maintain current awareness of this vital industrial gas supplier's market activities.
New Era Helium (NASDAQ: NEHC) has initiated Phase 1 of its 250MW data center project through Texas Critical Data Centers (TCDC), a joint venture with Sharon AI. The project includes:
- Expansion of planned acquisition from 200 to 235 acres in Ector County, Texas, with property closing expected within 90 days
- Target to have initial 100MW online by December 2026, with remaining capacity within six months
- Development of a net-zero AI and high-performance computing facility powered by reciprocating natural gas engines with CO2 carbon capture
- Launch of project website at texascriticaldatacenters.com
TCDC is advancing critical components including lit fiber access, gas supply agreements, transmission line access, and power plant designs. The company is in formal discussions with potential customers and plans to sign an MOU with an engine provider soon. Additionally, NEH is evaluating opportunities to acquire more acreage for future expansion phases.
New Era Helium (NEHC) provided an operational update on its facility development and strategic progress. The company announced delays in the Pecos Slope Plant construction, with completion now expected in Q4 2025. The delay is attributed to ongoing negotiations with the midstream gatherer and processor, and delays in securing project financing during the de-SPAC process.
While NEHC properties are currently producing helium, the company doesn't receive payment under its existing marketing agreement, which is now continuing month-to-month. The company is actively pursuing discussions to enable access to its existing helium production.
In parallel developments, NEHC's joint venture with Sharon AI, Texas Critical Data Centers (TCDC), signed an LOI to acquire 200 acres in Ector County, Texas, for developing a 250MW net-zero AI/HPC data center. This initiative is part of the company's strategy to diversify revenue sources and leverage its helium and natural gas reserves to support AI, semiconductor manufacturing, and next-generation computing.
New Era Helium (NASDAQ: NEHC) provided a strategic update on its role in the AI economy through its helium and natural gas commodities. The company's helium production is important for semiconductor manufacturing, with helium being the primary component in chip creation. The company's Pecos Slope Gas Field is expected to generate 70+ MW of power for 20+ years at 20,000 Mcfpd production target.
Through its joint venture Texas Critical Data Centers (TCDC), NEHC signed a non-binding LOI to acquire 200 acres in Ector County, Texas, for developing a 250MW net-zero AI/HPC data center campus. The company plans to convert its natural gas into electricity for AI data centers instead of selling it through pipelines. NEHC owns over 137,000 acres in Southeast New Mexico with over 1.5 billion cubic feet of proved and probable helium reserves.
Sharon AI and New Era Helium (NEHC) have announced a Letter of Intent to acquire a 200-acre site in Ector County, Texas, for developing a 250MW Net-Zero Energy AI/HPC Data Center. The joint venture signed a non-binding LOI with GROW Odessa, targeting site acquisition within 90 days.
The project features strategic advantages including proximity to fiber optic cables, natural gas transmission lines, and CO₂ pipeline infrastructure. The initial phase is expected to launch in late 2026, with a natural gas supply contract with New Era Helium planned for Q2 2025.
Key upcoming milestones include site entitlements, selection of power generation and CO2 capture technology, appointment of technology partners, and discussions with potential offtake partners. The project aims to leverage Carbon Capture Utilization Storage (CCUS) via enhanced oil recovery, capitalizing on Ector County's existing CO2 infrastructure.
New Era Helium (NASDAQ: NEHC) and Sharon AI have announced their joint venture, Texas Critical Data Centers (TCDC), has signed a Letter of Intent to acquire a 200-acre site in Ector County, Texas. The site will be developed into a 250MW net-zero energy AI/HPC data center.
The LOI was signed with GROW Odessa, with due diligence and final documents expected within 90 days. The site features strategic access to fiber optic cables, natural gas transmission lines, and CO₂ pipeline infrastructure. The project's initial phase is scheduled to launch in late 2026, with a natural gas supply contract expected to be finalized with New Era Helium in Q2 2025.
The project will utilize Carbon Capture Utilization Storage (CCUS) via enhanced oil recovery, leveraging Ector County's existing CO2 infrastructure. Upcoming milestones include site entitlements, selection of power generation and CO2 capture technology, appointment of technology partners, and discussions with potential offtake partners including hyperscalers.
New Era Helium (NEHC) and Sharon AI have finalized their 50/50 joint venture, forming Texas Critical Data Centers (TCDC) to develop a 250MW net-zero energy data center in the Permian Basin. Following their December 2024 binding LOI, New Era Helium is negotiating a long-term gas supply agreement expected to be finalized within 30 days, offering fixed pricing for five years with three additional five-year options.
The project aims to leverage clean energy for AI/HPC operations, with multiple potential sites identified near existing gas transmission lines and fiber optic infrastructure. TCDC is exploring 45Q Tax Credits for Carbon Capture Utilization and Storage (CCUS), making it a pioneering net-zero facility. The final site selection announcement is expected in Q1 2025, with upcoming milestones including site entitlements, power generation and CO2 capture technology selection, and discussions with potential offtake partners.
New Era Helium (NASDAQ:NEHC) has been selected to ring the Nasdaq opening bell on January 2, 2025, marking the first trading day of 2025. The company, which focuses on helium exploration and production in the Permian Basin, recently completed its business combination with Roth CH Acquisition V Co. and listed on Nasdaq in December 2024, becoming one of the first helium-focused companies on a major U.S. exchange.
The company has also announced a 50/50 joint venture with Sharon AI to develop a 250MW net-zero energy data center in the Permian Basin, positioning itself in AI and cloud computing sectors while creating revenue opportunities from energy sales and infrastructure projects.
New Era Helium (NASDAQ:NEHC), a helium exploration and production company operating in the Permian Basin, has announced its participation in The Microcap Conference 2025. The event will be held from January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, New Jersey.
During the conference, the company's management team will deliver a corporate presentation and conduct one-on-one meetings with institutional and individual investors. These sessions will focus on discussing the company's recent developments, growth strategy, and investment opportunities, particularly regarding their helium production associated with natural gas reserves.
New Era Helium (NASDAQ:NEHC) and Sharon AI have expanded their joint venture plans to develop a 250MW net-zero energy data center in the Permian Basin, up from the initially proposed 90MW facility. The companies have signed a binding Letter of Intent (LOI), with key developments including:
The project will feature a gas-fired power plant with CO2 carbon capture capabilities. New Era Helium will be the exclusive energy infrastructure provider, while Sharon AI will handle the data center's design, operation, and AI/HPC services. The companies expect to finalize their agreement by December 23, 2024.
The deal includes a fixed-cost gas supply agreement for five years with three five-year extension options. Sharon AI will collaborate with NVIDIA and Lenovo on the data center architecture, focusing on AI/HPC training and inference workloads. The facility has potential for future expansion based on demand from hyperscalers and large energy users.
New Era Helium Inc. (NASDAQ: NEHC) has recently listed on NASDAQ following its business combination with Roth CH V Holdings. The company controls over 137,000 acres in Southeast New Mexico with 1.5 billion cubic feet of proved and probable helium reserves. The global helium market is projected to reach $27.06 billion by 2030, growing at a CAGR of 8.3% from $15.48 billion in 2023.
NEH has announced a non-binding joint venture with Sharon AI to build a 90MW net-zero Tier 3 data center in the Permian Basin, expected to offset 250,000 metric tons of CO2 annually. The helium industry is seeing increased activity, with Reliance Industries recently acquiring a 21% stake in Wavetech Helium for $12 million.
