- Strategic acquisition sees GGE acquire an additional 30% of the Red Helium Project (total now 55%) with the right to earn up to 85
- The project partners have elected to receive 85% of the acquisition cost in GGE shares (escrowed for 6 months)
- P50 unrisked Prospective Resource attributable to GGE at the Red Helium Project has increased to 6.3 BCF (see Table 1)