TSXV:ALTU
Altura Energy
Helium focused development in the Holbrook Basin. Traded in Canada. Based in the southwestern US.
Management & Board
A Lifetime of Experience
Altura’s management and board have collectively built billions of dollars of value in the resource sector.
Ashley Lastinger
CEO, Director
Petroleum Engineer with 15+ years experience. Formerly: Chevron, Apache Corporation & Atalaya Resources (acquired).
Robert Johnston
Executive Chairman, Director
Geologist and O&G Executive with 40+ years experience. Formerly EVP Apache Corporation & Founder of Atalaya Resources (acquired).
Ian Telfer
Director
Former Chairman of Goldcorp Inc. and the World Gold Council. Companion of the Canadian Business Hall of Fame.
Aaron Triplett
Chief Financial Officer
Chartered Professional Accountant (CPA, CA) with 15+ years of experience.
FAQs
Frequently Asked Questions
39.5M basic shares outstanding with 32.5M dilutive securities (options and warrants) resulting in 72M fully diluted shares outstanding.
Altura’s assets are in North Western Arizona in the Holbrook Basin, a prolific helium production area in North America.
Altura is focused on the exploration and development of helium gas assets. Helium is in high demand across the world and is sold for prices ranging between US$200/mcf and US$600/mcf.
Helium is important for many scientific applications like the manufacturing of semiconductors, fiber optics and MRI machines.
Altura’s management team and board of directors is comprised of oil and gas industry experts. CEO Ashley Lastinger has spent more than 15 years as a petroleum engineer for Chevron, Apache and SM Energy. Chairman Rob Johnston has a lifetime of experience working around the world for Apache before establishing Atalaya Resources, which he ran until a successful exit in 2023.
Still have questions? Feel free to get in touch with us today.
Ask a QuestionIn Summary
Why Altura?
- Management has tremendous experience building, developing, and exploring in the oil & gas vertical, supported by a board that has collectively built billions of dollars of value in the resource space.
- 100% ownership in an asset that has two existing operating helium wells and multiple development wells that have flowed helium in the past.
- Full restructure of the capital structure in May followed by a strategic financing to realign new management, board, and a consolidated strategy.
- Significant exploration upside in surrounding acreage to the existing production.
- Offtake partner on all production with Linde.
Company Highlights
Why the Holbrook Basin
High-Grade American Asset
Pinta-South Helium Project contains ultra-high helium concentration of 5-8% in the prolific Holbrook Basin of Arizona (vs. 1-2% in Western Canada).
Established Production
20% working interest in two producing wells. Two successful recompletions to date with six additional targets.
Low-Cost Operations
Shallow helium wells with estimated drilling and completion costs of US$200k-300k.
Contracted Offtake
Contracted offtake of US$350/mcf with a global industrial gas and chemicals manufacturing company.
Green Helium
Pinta-South is free of hydrocarbons, with nitrogen as the sole by-product, vented through processing with no greenhouse emissions.
Growing Helium Market
The global helium market was estimated at US$3.9B in 2024 and is forecast to reach around US$7.5B by 2034.
