New Era Helium Inc Stock Price, News & Analysis

New Era Helium (Nasdaq: NEHC) announced progress on its joint venture with Sharon AI for developing a 250MW AI and HPC data center campus in the Permian Basin. The company's joint venture, Texas Critical Data Centers LLC (TCDC), has successfully completed due diligence, including Phase 1 study, for the 235-acre site in Ector County.

The land acquisition transaction is proceeding as planned, with closing anticipated by the end of July 2025. TCDC is actively advancing permitting and infrastructure planning for the compute campus development.

New Era Helium (NASDAQ:NEHC) announced that its joint venture Texas Critical Data Centers (TCDC) has signed a non-binding Letter of Intent (LOI) with a leading global provider of High Performance Cloud for AI and Modern Workloads. The LOI outlines plans for a 250-megawatt AI data center facility in Ector County, Texas.

The project involves land acquisition and a power purchase agreement for up to 250 megawatts of behind-the-meter electricity. TCDC is currently conducting final site due diligence on 235 acres of land, with closing expected by July 10, 2025. The facility aims to support advanced data center operations and next-generation compute infrastructure, focusing on meeting the growing demand for AI and cloud GPU infrastructure.

The development will incorporate advanced energy and cooling technologies to optimize operational efficiency while minimizing environmental impact. Upcoming project milestones include updates on natural gas supply and grid interconnection planning.

New Era Helium (Nasdaq: NEHC) has announced three strategic board appointments to strengthen its leadership team. The new board members bring extensive expertise in digital infrastructure, energy markets, and capital formation.

The appointees include: Trent Yang, former Co-Founder of Galway Sustainable Capital who raised nearly $700M in institutional capital; Peter ("P.J.") Lee, Co-Founder of EverStream Energy Capital Management with experience in sustainable energy and digital infrastructure; and Ondrej Sestak, Co-Founder of ZeroSix LLC with expertise in helium trading and reservoir engineering.

These appointments fill recent board vacancies and aim to support NEH's expansion plans in the Permian Basin.

New Era Helium (NASDAQ: NEHC) announced that its joint venture Texas Critical Data Centers (TCDC) is in discussions with major enterprise customers regarding AI infrastructure development in Ector County, Texas. While no formal agreements are in place, TCDC is pursuing additional land near its current site to potentially expand its data center campus capacity. The expansion aims to connect the Permian Basin's abundant energy resources with growing AI computing demands. Additionally, NEHC is evaluating three board candidates with expertise in energy, infrastructure, and digital innovation, with appointments expected to strengthen company governance and growth strategy.

New Era Helium (NEHC) has signed a non-binding MOU with PowerForward Energy Solutions to provide 250MW of on-site power generation for its planned AI and HPC data center campus in Ector County, Texas. The project, operated through Texas Critical Data Centers (TCDC) - a joint venture between NEHC and Sharon AI - will see initial 100MW deployment within 12 months of funding and full deployment within 18 months. The company is progressing with site work, including environmental assessments and air permitting. Additionally, NEHC announced board transitions with Bill Flores, Phil Kornbluth, and Stan Borowiec stepping down as the company expands its strategy beyond helium to include natural gas and digital infrastructure. The company is actively searching for new board members aligned with its evolved strategy.

New Era Helium (Nasdaq: NEHC) has issued a correction to their April 29, 2025 press release regarding Rights-of-Way (ROW) applications in the Pecos Slope, Permian Basin. The company clarified two key points:

• They are currently working to secure approval for approximately 120 miles of Rights-of-Way with the Bureau of Land Management's (BLM) Pecos District Office, rather than having already received approval as previously stated
• They are filing a sundry with the BLM requesting a six-month temporary well shut-in period during the installation of a new gathering system

This correction specifically addresses the infrastructure buildout timeline within the Pecos Slope Field, while all other information from the original release remains unchanged. The company continues its focus on helium exploration and production from natural gas reserves in the Permian Basin.

New Era Helium (Nasdaq: NEHC) has secured approval for 120 miles of Rights-of-Way in the Pecos Slope Field, Permian Basin, marking a significant infrastructure advancement. The company plans to replace aging 1980s gathering infrastructure that currently experiences 25% gas loss and environmental concerns.

The current system's inefficiencies result in approximately 30,000 Mcf of monthly vented methane, equivalent to CO₂ emissions from 37,905 passenger vehicles annually. Through its subsidiary NEH Midstream, the company aims to minimize emissions and position its production for Responsibly Sourced Gas certification and Responsibly Sourced Helium (RSH™).

Key developments include:

• BLM approval for six-month well shut-in during new system installation
• Collaboration with New Mexico State Land Office
• Partnership with Arjae Design Solutions for plant optimization
• Targeted helium sales commencement in Q4 2025

New Era Helium (NASDAQ: NEHC) has initiated Phase 1 of its 250MW data center project through Texas Critical Data Centers (TCDC), a joint venture with Sharon AI. The project includes:

- Expansion of planned acquisition from 200 to 235 acres in Ector County, Texas, with property closing expected within 90 days
- Target to have initial 100MW online by December 2026, with remaining capacity within six months
- Development of a net-zero AI and high-performance computing facility powered by reciprocating natural gas engines with CO2 carbon capture
- Launch of project website at texascriticaldatacenters.com

TCDC is advancing critical components including lit fiber access, gas supply agreements, transmission line access, and power plant designs. The company is in formal discussions with potential customers and plans to sign an MOU with an engine provider soon. Additionally, NEH is evaluating opportunities to acquire more acreage for future expansion phases.

New Era Helium (NEHC) provided an operational update on its facility development and strategic progress. The company announced delays in the Pecos Slope Plant construction, with completion now expected in Q4 2025. The delay is attributed to ongoing negotiations with the midstream gatherer and processor, and delays in securing project financing during the de-SPAC process.

While NEHC properties are currently producing helium, the company doesn't receive payment under its existing marketing agreement, which is now continuing month-to-month. The company is actively pursuing discussions to enable access to its existing helium production.

In parallel developments, NEHC's joint venture with Sharon AI, Texas Critical Data Centers (TCDC), signed an LOI to acquire 200 acres in Ector County, Texas, for developing a 250MW net-zero AI/HPC data center. This initiative is part of the company's strategy to diversify revenue sources and leverage its helium and natural gas reserves to support AI, semiconductor manufacturing, and next-generation computing.