Royal Helium announced Monday it has entered into a long-term agreement to supply a major North American space launch company with helium, a move that president and CEO Andrew Davidson says marks an important milestone.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails.
He said the company will take about 40 to 50 per cent of Royal’s production, which is about 20 million cubic feet of gas per day.Article content Royal Helium has a number of well sites in southeastern Alberta and southwestern Saskatchewan. The sites in Alberta are near Steveville and the ones in Saskatchewan are close to Climax.
Both facilities will soon be under construction, Davidson said. Alberta’s facility will process 15 million cubic feet of gas per day while Saskatchewan’s will process five million cubic feet per day.