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Altura Energy Announces Completion of Helium Pipeline and Tie-In of Six Wells to the Processing Facility

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Altura Energy (ALTU.V) on Thursday said that the helium pipeline construction project and tie-in of the six initial wells to the processing facility has been completed on time and on budget.

The project took a little over a month and included trenching, boring and fusion welding over 8 miles of pipeline, added the company.

The company has now completed all initial infrastructure upgrades on the property and is shifting focus to re-establishing helium production, it stated.

"This is an important operational milestone for Altura," said Ashley Lastinger, CEO of Altura. "It is the first step in our execution plan for 2026 and allows us to focus on re-establishing production from the initial two recompleted wells and continue recompleting the additional four wells in Saddle Horse Draw."

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