MIDLAND, Texas--(BUSINESS WIRE)--New Era Helium, Inc. (NASDAQ:NEHC) ("NEH," "New Era Helium," or the "Company"), an exploration and production (E&P) company sourcing helium produced in association with natural gas reserves within the Permian Basin, is excited to announce that Nasdaq has selected New Era Helium to ring the opening bell on January 2, 2025, marking the first trading day of the new year.
2024 has been a landmark year for New Era Helium. The Company successfully completed its business combination with Roth CH Acquisition V Co. and listed on Nasdaq under the ticker "NEHC" in December. This milestone establishes NEH as one of the first helium-focused companies to secure a listing on a major U.S. exchange. And we believe we have become strategically positioned to be a leading aggregation platform for high-demand upstream helium.
Building on this achievement, NEH is further solidifying its position as a key emerging player in the U.S. helium market with the announcement of a 50/50 joint venture ("JV") with Sharon AI to develop a state-of-the-art 250MW net-zero energy data center in the Permian Basin. This JV not only expands the Company's operational capacity but embeds NEH in AI, cloud computing, and energy-hungry industries unlocking revenue from both energy sales and infrastructure projects.
E. Will Gray II, CEO of New Era Helium, Inc. commented: "We're thrilled to have been chosen to ring the opening bell at Nasdaq on January 2, 2025, kicking off the first trading day of the new year. This historic moment in our corporate journey reflects the incredible effort and tenacity of our entire team and the support of investors and partners. Going public is just the beginning, and we're looking forward to building on this momentum in the years ahead. As we close out the year, we take great pride in our accomplishments having laid a strong foundation for 2025, paving the way for growth."
About New Era Helium, Inc.
New Era Helium, Inc. is an exploration and production company that sources helium produced in association with the production of natural gas reserves in North America. The company currently owns and operates over 137,000 acres in Southeast New Mexico and has over 1.5 billion cubic feet of proved and probable helium reserves. For more information, visit . Follow New Era Helium on LinkedIn and X.
Cautionary Note Regarding Forward-Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will the Company and its affiliates be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
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