Project Map
Independent Helium Exploration and Production
PetroSun is headquartered in Phoenix, Arizona. The Company believes that it holds the deepest inventory of helium prospects in the Holbrook Basin, which itself is believed to hold some of the largest, unexplored helium reserves in North America, as well as operated acreage in Utah that is highly prospective for helium and natural gas. The Company's leasehold portfolio reflects its first-mover advantage and follows twenty years of work to identify and isolate economic sources of helium production in the basin and in the Four Corners region.
Leasehold portfolio comprised of more than 300,000 gross acres located primarily in the Holbrook Basin of Arizona and the Four Corners region that are prospective for helium.
Significant, contiguous acreage position in the Golden Eagle Gas Field in Utah holds material natural gas reserves, including three wells drilled to date that have tested positive for helium.
Significant equity value, including support from existing investors who collectively equitized more than $11 million in long-term debt in 2022.
Team with deep technical and industry experience, including a chairman with more than 20 years of experience identifying helium prospects and leading exploratory operations.
settings Operations
newspaper Press Releases
Press Releases
PetroSun - Resignation of CEO - Gerald Bailey - 11-30-22.pdf
PetroSun Operating Update & Convertible Financing Announcement (10-28-22).pdf
PetroSun Announces Development Program.pdf
PetroSun, Inc. Announces Appointment of Dr. R. G. Bailey as Chief Executive Officer.pdf
PetroSun Announces $24.0 Million Recapitalization .pdf
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Scale
A growing portfolio of leases.
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History
Developing mineral leases in South West USA for more than two decades.
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Relationships
Excellent community relationships that date back 25 years
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Quality
Focus on geographic areas that are highly prospective for helium
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Sustainability
Emphasis on technology innovation for more efficient exploration activities and sustainability
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Leadership
Individuals with more than 40 years experience in mineral exploration
trending_up Poised to Grow
PetroSun is positioned to benefit from favorable trends in the helium industry:
Legislation encouraging private helium development in the United States
A growing worldwide market demand with constrained supply
Politically unstable situations in the few other countries that provide helium to the global marketplace.
PetroSun is in the business of exploration and production of helium and natural gas in the Southwest region of the United States. Management is focused on creating long-term value for stockholders and fostering a culture that is steadfast on environmental sustainability, operational safety, social responsibility, and sound corporate governance.
2999 North 44th Street, Suite 620, Phoenix AZ 85018 USA
info@petrosun.us
+1 480-425-4290
