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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.
forward 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.
forward 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.
forward Significant equity value, including support from existing investors who collectively equitized more than $11 million in long-term debt in 2022.
forward 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
Projects

PetroSun is focusing its efforts on developing Helium rich resources in the Holbrook Basin of Arizona and the Golden Eagle gas fields of Utah.

Development Program

Our key objective is the commercialization of helium, natural gas and strategic lithium assets with an emphasis on profitability, sustainability, and community responsibility.

Sustainability

PetroSun is committed to Environmental, Social, and Governance (ESG) values across all areas of operations. The company has a track record of investing in solutions that more efficiently process natural resources for better protection of the environment.

newspaper Press Releases
picture_as_pdf Financial Reports
Q3 2022 PetroSun Inc. Disclosure Stmt and Financial Statements vF2 11-21-22.pdf
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Quarterly Report - June 30 2022.pdf
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Quarterly Report - March 31 2022.pdf
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Attorney Letter with Respect to Current Information - Dec 31 2021.pdf
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Annual Report - Dec 31 2021.pdf
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picture_as_pdf Press Releases
PetroSun - Resignation of CEO - Gerald Bailey - 11-30-22.pdf
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PetroSun Operating Update & Convertible Financing Announcement (10-28-22).pdf
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PetroSun Announces Development Program.pdf
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PetroSun, Inc. Announces Appointment of Dr. R. G. Bailey as Chief Executive Officer.pdf
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PetroSun Announces $24.0 Million Recapitalization .pdf
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query_stats Company Metrics
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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:

done Legislation encouraging private helium development in the United States

done A growing worldwide market demand with constrained supply

done Politically unstable situations in the few other countries that provide helium to the global marketplace.