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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.
Idaho Power, headquartered in vibrant and fast-growing Boise, Idaho, has been a locally operated energy company since 1916. Today, we serve a 24,000-square-mile area in Idaho and Oregon. Our goal is to provide 100% clean energy by 2045, building on our long history as a clean-energy leader that provides reliable service at affordable prices. With 17 low-cost hydroelectric projects at the core of our diverse energy mix, Idaho Power`s residential, business and agricultural customers pay among the nation`s lowest prices for electricity. Our 2,000 employees proudly serve more than 600,000 customers with a culture of safety first, integrity always and respect for all. IDACORP Inc. (NYSE: IDA), Idaho Power`s independent publicly traded parent company, is also headquartered in Boise, Idaho.
Earlbeck Gases and Technologies is a Rosedale, MD-based company in the Energy and Utilities sector.
Cobra Electric is a Miami, FL-based company in the Energy and Utilities sector.
Hospital Energy Services is a Middletown, CT-based company in the Energy and Utilities sector.