量子氦气有限公司欣然宣布，美国印第安事务局（“BIA”）已正式批准将Sagebrush油田租赁权转让给量子氦气有限公司，该公司持有该油田90%的作业权益。

此次批准是公司监管方面的一个重要里程碑，为后续关键步骤扫清了障碍，包括指定量子氦气有限公司为作业者，以及随后计划对Sagebrush-1井进行延长生产测试。量子氦气有限公司计划尽快启动该测试。

生产测试所需的所有长周期物料均已到位，使公司能够迅速投入运营。

此次批准紧随美国印第安事务部 (BIA) 近期批准的 Coyote Wash 印第安矿产开发协议之后，进一步巩固了 Quantum Helium 在科罗拉多州氦气项目组合中的监管和运营地位。

亮点

：BIA 已批准将 Seeley 租赁权转让给 Quantum Helium，用于 Sagebrush 项目；
生产测试计划在确认 Quantum 的运营权后不久开始，所有长周期设备均已到位；
历史钻杆测试证实 Sagebrush-1 井 Leadville 地层的氦浓度为 2.76%。
独立Sproule ERCE评估确认Sagebrush油田2U级氦气潜在资源量为1.34亿标准立方英尺。
科罗拉多州联合投资组合目前在Sagebrush和Coyote Wash
油田拥有超过10亿立方英尺的经独立验证的氦气资源量。​​此前，BIA已批准Coyote Wash油田的IMDA，此次批准进一步巩固了Quantum在四角地区氦气富集区的运营地位。 延长
生产测试是Sagebrush氦气发现潜在商业开发的下一步。Sagebrush 延长生产测试将首先重点关注Leadville组，这是一个碳酸盐岩储层，已成为四角地区重要的氦气目标。Sagebrush -1井最初钻探深度约为7467英尺，目标是Ismay组油藏和更深的Leadville组碳酸盐岩。在对利德维尔层段进行历史钻杆测试期间，该井流出非燃气体，实验室分析证实其中含有2.76%的氦气，以及甲烷和较重的碳氢化合物。 测井结果显示净含气层厚度约为94英尺，测试结束时井压持续上升，表明采用现代完井和增产技术有望获得更强劲的持续流量。 随后该井已完成套管作业，并可随时重新进入井下，这为公司推进测试工作提供了显著的时间和成本优势。










计划中的扩展生产测试将包括对利德维尔储层进行酸化增产，以及持续流动测试，旨在测量现代作业条件下的产能、储层特征和气体成分。

测试获得的数据将用于改进储层建模，并为资源向储量转化以及未来的开发规划提供支持。

独立资源验证：
Sproule ERCE 进行的独立资源评估证实，Sagebrush 是一个技术上可行的氦气项目，其 2U 阶段的氦气总潜在资源量为 1.34 亿标准立方英尺（MMscf），3U 阶段的潜在增产空间可达 2.69 亿标准立方英尺（MMscf）。

这一经独立验证的氦气资源是 Quantum 公司在科罗拉多州更广泛的资源组合的一部分，该组合目前在 Sagebrush 和 Coyote Wash 地区拥有超过 10 亿立方英尺（BCF）的 2U 阶段氦气总资源量。

最近完成的高分辨率三维地震勘测也证实了 Sagebrush 地区大型含氦利德维尔构造的存在及其几何形态，从而显著降低了计划中的生产测试的风险。

战略意义：
Sagebrush油田的租赁权获得批准，使Quantum公司得以迈出成为注册运营商的最后一步。完成获得运营商权的正式手续后，我们将启动Sagebrush-1井的延长生产测试。

公司认为，Sagebrush油田是四角地区氦气富集带的旗舰开发机遇，其优势在于：

已钻探并完成套管作业的发现井
；独立验证的氦气资源；
新近获取的三维地震数据证实了构造圈闭的存在；
以及该地区已建成的基础设施。

公司目前的运营重点是执行延长生产测试，并评估测试结果，作为其在Sagebrush和Coyote Wash两个油田整体开发战略的一部分。Quantum

Helium首席执行官Howard McLaughlin评论道：“获得BIA批准转让我们从Seeley Oil Company购买的租赁权，是公司发展历程中的一个重要里程碑，使我们能够在获得运营商权后立即进入下一个运营阶段。”

Sagebrush-1井已证实Leadville组地层中存在氦气，历史测试结果显示其浓度为2.76%。该井钻遇约94英尺的含气层，并在压力持续上升的情况下完成测试，这对于储层而言是一个令人鼓舞的迹象。

即将进行的延长生产测试将使我们能够应用包括酸化增产在内的现代完井技术，从而准确评估Leadville储层的产能。生成的数据对于确认流速、储层性能以及Sagebrush氦气聚集区更广泛的商业潜力至关重要。

三维地震勘探已证实Leadville构造的规模和几何形状，我们相信该项目目前已做好充分准备，通过此次生产测试展现其价值。”

Quantum Helium执行主席Carl Dumbrell补充道：“此次批准对Quantum而言意义重大，体现了我们与美国印第安事务局和尤特山尤特部落之间富有建设性的合作。

上周，我们的管理团队前往科罗拉多州，与部落代表会面，并就Sagebrush项目进行了面对面的讨论。”我们非常感谢他们抽出时间与我们交流，并衷心感谢他们对Quantum的持续支持与合作。

与合作伙伴和当地利益相关者建立相互尊重且长期的合作关系是我们运营的根本。

随着任务正式获批，所有长周期物料均已落实，我们期待着成为Sagebrush-1的运营商，并启动扩展生产测试，并在项目推进过程中与当地部落密切合作。

市场滥用监管条例（MAR）披露：
本公司认为本公告所载信息构成《市场滥用监管条例》（欧盟）第596/2014号（“MAR”）规定的内幕信息，该条例已通过《2018年欧盟（退出）法案》纳入英国法律。通过监管信息服务（“RIS”）发布后，该信息现已公开。

Quantum Helium Limited is pleased to announce that the U.S. Bureau of Indian Affairs ("BIA") has formally approved the assignment of the Sagebrush lease to Quantum, where the Company holds a 90% working interest.

This approval represents a major regulatory milestone for the Company and clears the way for key next steps being the appointment of Quantum as operator and the subsequent planned extended production test of the Sagebrush-1 well, which Quantum intends to commence as soon as possible.

All long-lead items required for the production test have already been secured, allowing the Company to move rapidly into operations.

The approval follows shortly after the recent BIA approval of the Coyote Wash Indian Mineral Development Agreement, further strengthening Quantum's regulatory and operational position across its Colorado helium portfolio.

Highlights

锟� BIA approval received for the assignment of the Seeley lease to Quantum Helium for the Sagebrush Project
锟� Production test scheduled to begin shortly following confirmation of Quantum's operatorship with all long-lead equipment already secured
锟� Historic drill stem test confirmed helium concentration of 2.76% from the Leadville Formation at Sagebrush-1 well
锟� Independent Sproule ERCE evaluation confirms 2U gross helium prospective resources of 134 MMscf at Sagebrush
锟� Combined Colorado portfolio now hosts more than 1 BCF of independently verified gross helium resources across Sagebrush and Coyote Wash
锟� Approval follows recent BIA approval of the Coyote Wash IMDA, further strengthening Quantum's operational position in the Four Corners helium fairway
锟� Extended production test represents the next step towards potential commercial development of the Sagebrush helium discovery

Sagebrush Extended Production Test
The extended production test will initially focus on the Leadville Formation, a carbonate reservoir which has emerged as a significant helium target across the Four Corners region.

The Sagebrush-1 well was originally drilled to a depth of approximately 7,467 feet, targeting both the Ismay Formation oil reservoir and the deeper Leadville Formation carbonates. During historical drill stem testing of the Leadville interval, the well flowed non-combustible gas which laboratory analysis confirmed contained 2.76% helium, alongside methane and heavier hydrocarbons.

Wireline logs identified approximately 94 feet of net gas pay, and the test concluded with the well continuing to build pressure, suggesting the potential for stronger sustained flow rates using modern completion and stimulation techniques.

The well was subsequently cased and remains available for re-entry, providing the Company with a significant time and cost advantage as it advances testing.

The planned extended production test will include acid stimulation of the Leadville reservoir and sustained flow testing designed to measure productivity, reservoir characteristics and gas composition under modern operational conditions.

Data obtained from the test will be used to refine reservoir modelling and support the potential transition of resources toward reserves and future development planning.

Independent Resource Validation
An independent resource evaluation by Sproule ERCE confirmed Sagebrush as a technically credible helium project with 2U gross prospective helium resources of 134 MMscf, with upside potential of 269 MMscf in the 3U case.

This independently verified helium resource forms part of Quantum's wider Colorado portfolio which now totals more than 1 BCF of 2U gross helium resources across Sagebrush and Coyote Wash.

The recently completed high-resolution 3D seismic survey has also confirmed the presence and geometry of the large helium-bearing Leadville structure at Sagebrush, materially de-risking the planned production test.

Strategic Importance
The approval of the Sagebrush assignment allows Quantum to move to the final step of becoming the operator of record. After completing the formality of obtaining operatorship we can commence the Sagebrush-1 extended production test.

The Company believes Sagebrush represents a flagship development opportunity within the Four Corners helium fairway, supported by:

锟� a drilled and cased discovery well
锟� independently validated helium resources
锟� newly acquired 3D seismic confirming the structural trap
锟� established infrastructure in the region

The Company's immediate operational focus is now on executing the extended production test and evaluating the results as part of its broader development strategy across both Sagebrush and Coyote Wash.

Howard McLaughlin, Chief Executive Officer of Quantum Helium, commented: "Receiving BIA approval for the assignment of the lease we bought from Seeley Oil Company is a major milestone for the Company and allows us to move immediately following operatorship into the next operational phase.

Sagebrush-1 has already demonstrated the presence of helium in the Leadville Formation, with historic testing confirming a concentration of 2.76%. The well encountered approximately 94 feet of gas pay and concluded testing while still building pressure, which is highly encouraging from a reservoir perspective.

The upcoming extended production test will allow us to apply modern completion techniques, including acid stimulation, to properly evaluate the productivity of the Leadville reservoir. The data generated will be critical in confirming flow rates, reservoir performance and the broader commercial potential of the Sagebrush helium accumulation.

With 3D seismic confirming the size and geometry of the Leadville structure, we believe the project is now well positioned to demonstrate its value through this production test."

Carl Dumbrell, Executive Chairman of Quantum Helium, added: "This approval represents an extremely important step for Quantum and reflects the constructive engagement we have had with both the Bureau of Indian Affairs and the Ute Mountain Ute Tribe.

Last week the executive team travelled to Colorado where we had the opportunity to meet with Tribal representatives and discuss the Sagebrush project in person. We are very grateful for the time they gave us and sincerely appreciate the ongoing support and cooperation shown towards Quantum.

Building respectful and long-term relationships with our partners and local stakeholders is fundamental to how we operate.

With the assignment now formally approved and all long-lead items already secured, we look forward to becoming operator and commencing the extended production test at Sagebrush-1 and working closely with the Tribe as the project progresses."

Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon publication via Regulatory Information Service ('RIS'), this information is now in the public domain