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AMGAS has acquired a 40% participation in a Farmout Agreement providing it with the right to explore and develop natural gas, helium and other noble gases as well as brine minerals contained inside the Hugoton Gas Field in Haskell and Finney Counties, Kansas. The farmout agreement covers drilling and completion of up to 50 wells, including the first production well drilled and completed in August 2022. The Farmout Agreement provides the partners the right to utilize existing infrastructure assets, including water disposal, existing brine stream, gas gathering and helium processing, as part of the Farmout Agreement. The Farmout Agreement also provides the partners with rights to take in-kind, and market its share of helium. Therefore, we will be able to market and sell the helium produced, at prevailing market prices, by taking its helium in-kind.
Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America`s premier energy company. Southern Company Gas serves approximately 4.2 million natural gas utility customers through its regulated distribution companies in four states. Other non-utility businesses include asset management for natural gas wholesale customers and ownership and operation of natural gas storage facilities.
Radiant Electric Cooperative is a Fredonia, KS-based company in the Energy and Utilities sector.
Minnkota also owns and operates a second wind turbine located on a ridge three miles east of Petersburg, North Dakota. This turbine became operational on July 12, 2002. Under a Senate Appropriations Bill, eight U.S. military installations are required
Terracheck Inc is a Los Gatos, CA-based company in the Energy and Utilities sector.