New Era Helium Inc Stock Price, News & Analysis

New Era Helium (NEHC) has signed a non-binding MOU with PowerForward Energy Solutions to provide 250MW of on-site power generation for its planned AI and HPC data center campus in Ector County, Texas. The project, operated through Texas Critical Data Centers (TCDC) - a joint venture between NEHC and Sharon AI - will see initial 100MW deployment within 12 months of funding and full deployment within 18 months. The company is progressing with site work, including environmental assessments and air permitting. Additionally, NEHC announced board transitions with Bill Flores, Phil Kornbluth, and Stan Borowiec stepping down as the company expands its strategy beyond helium to include natural gas and digital infrastructure. The company is actively searching for new board members aligned with its evolved strategy.

New Era Helium (Nasdaq: NEHC) has issued a correction to their April 29, 2025 press release regarding Rights-of-Way (ROW) applications in the Pecos Slope, Permian Basin. The company clarified two key points:

• They are currently working to secure approval for approximately 120 miles of Rights-of-Way with the Bureau of Land Management's (BLM) Pecos District Office, rather than having already received approval as previously stated
• They are filing a sundry with the BLM requesting a six-month temporary well shut-in period during the installation of a new gathering system

This correction specifically addresses the infrastructure buildout timeline within the Pecos Slope Field, while all other information from the original release remains unchanged. The company continues its focus on helium exploration and production from natural gas reserves in the Permian Basin.

New Era Helium (Nasdaq: NEHC) has secured approval for 120 miles of Rights-of-Way in the Pecos Slope Field, Permian Basin, marking a significant infrastructure advancement. The company plans to replace aging 1980s gathering infrastructure that currently experiences 25% gas loss and environmental concerns.

The current system's inefficiencies result in approximately 30,000 Mcf of monthly vented methane, equivalent to CO₂ emissions from 37,905 passenger vehicles annually. Through its subsidiary NEH Midstream, the company aims to minimize emissions and position its production for Responsibly Sourced Gas certification and Responsibly Sourced Helium (RSH™).

Key developments include:

• BLM approval for six-month well shut-in during new system installation
• Collaboration with New Mexico State Land Office
• Partnership with Arjae Design Solutions for plant optimization
• Targeted helium sales commencement in Q4 2025

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.