Altura Energy
Altura Energy is a helium exploration and production company operating the Pinta-South Helium Project in Arizona's Holbrook Basin, holding a 20% working interest in two producing wells at 5-8% helium concentration and selling 100% of output to Linde under a US$350/mcf offtake.
- Company typePublic
- Founded2021
- HeadquartersDenver, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Altura Energy does
Altura Energy Corp. (TSXV:ALTU, OTCQB:ALTUF, Frankfurt:AM3J), formerly Total Helium until its May 2025 rebranding, is a helium-focused exploration and production company operating the Pinta-South Helium Project in Arizona's Holbrook Basin. The company's core asset consists of helium wells producing from the Shinarump formation at concentrations of 5-8%, materially above the 1-2% typical of Western Canadian sources, with shallow wells (2,400-2,800 feet) and low drilling and completion costs of US$200k-$300k per well. Altura holds a 20% non-working/working interest in two producing wells and a 2,560-acre contiguous land position prospective for up to 64 additional development wells; an eight-mile pipeline connects wells to an on-site processing facility equipped with SCADA monitoring, with nitrogen as the sole by-product and no greenhouse emissions.
The business model is direct enterprise sale of extracted helium to a single offtake counterparty, Linde, under a long-term agreement at a contracted US$350/mcf (helium market range US$200-$600/mcf). End-market reach into semiconductor manufacturing, fiber optics, and MRI/medical imaging is achieved exclusively through Linde's downstream distribution. Following the May 2025 restructuring, Altura has completed recompletion of two wells (flow rates of 123 and 118 mcf/day), finished pipeline infrastructure upgrades tying six initial wells to the processing facility, secured additional acreage via a farm-in agreement, and raised approximately US$4 million across two private placements to fund expansion. Capital structure consists of 39.5 million basic shares and 72 million fully diluted shares; management has been recompeted with new CEO Ashley Lastinger, Executive Chairman Robert Johnston, and CFO Aaron Triplett.
Altura is a sub-scale, single-asset, single-counterparty upstream helium producer in early commercial restart, with operating history of over US$11 million in cumulative gross well sales since 2021. Recent activity (farm-in expansion, pipeline buildout, well workovers, OTCQB listing) signals an effort to scale production from two wells toward the prospective seven-to-64 well inventory, but realized revenue remains modest and dependent on a single offtake relationship with Linde.
Altura Energy firmographics
Firmographics- Name
- Altura Energy
- Legal name
- Altura Energy Corp.
- Website
- https://totalhelium.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Altura Energy is a helium exploration and production company operating the Pinta-South Helium Project in Arizona's Holbrook Basin, holding a 20% working interest in two producing wells at 5-8% helium concentration and selling 100% of output to Linde under a US$350/mcf offtake.
- Ownership category
- akta.pro rank
Altura Energy industry classification
Industry- Product category
- Helium Exploration and Production
- NAICS
- Industrial Gas Manufacturing (32512)
- SIC
- Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Helium & Rare Gases (Neon/Krypton/Xenon) (IMAEACAD)
Keywords
Where Altura Energy is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Altura Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Helium Production and Sales: Revenue generated from helium production and direct sales to industrial gas companies through long-term offtake agreements. Currently producing from two wells at 20% working interest, with contracted offtake pricing providing revenue stability.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Contracted offtake pricing with Linde |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Altura Energy product offering
Product offeringCore offering
Altura Energy is a helium exploration, production, and storage solutions company operating the Pinta-South Helium Project in the Holbrook Basin of Arizona. The company produces helium gas at ultra-high concentrations (5-8%) from recompleted wells in the Shinarump formation and sells all production to Linde under a long-term offtake agreement at US$350/mcf. The vertical operation includes wells, an 8-mile pipeline, and an on-site helium processing facility, marketed as 'green helium' with nitrogen as the sole by-product.
Product overview
Altura Energy is a helium exploration and production company operating a single unified asset: the Pinta-South Helium Project in Arizona's Holbrook Basin. The company operates a vertical stack consisting of helium wells (two producing, with six additional targets), an eight-mile pipeline connecting wells to an on-site processing facility, and long-term offtake contracts for helium sales. The project features ultra-high helium concentrations of 5-8%, with production sold at US$350/mcf under contracted offtake. The operation is positioned as 'green helium' with no greenhouse gas emissions.
Differentiator
Problem solved
Functional benefit
Products and services
- Pinta-South Helium Project The company's primary helium production asset located in the Holbrook Basin of Arizona, featuring ultra-high helium concentrations of 5-8% with established production from two recompleted wells and potential for multiple additional development wells.
- Helium Production and Sales Production and sale of helium gas from recompleted wells, currently being sold at US$350 per mcf through a long-term offtake agreement with a global industrial gas company.
- Helium Processing Facility On-site helium processing facility at Saddle Horse Draw target that receives helium via an eight-mile pipeline from connected wells and processes the gas for sale, with zero greenhouse emissions as nitrogen is the sole by-product.
Quantifiable outcome
- Production flow rates of 123 mcf/day and 118 mcf/day from recompleted wells
- +3 more outcomes
Companies that use Altura Energy
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Altura Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Altura Energy partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- LindecoreOfftake partner purchasing all helium production under long-term contractual agreement. Linde is a major global industrial gas company that distributes helium to end-use markets including semiconductor manufacturing, healthcare, and fiber optics industries.
- Emerging Markets Consulting, LLCminorInvestor relations consulting firm engaged to provide market outreach and investor communication services under an investor relations agreement.
- Kin Communications Inc.minorInvestor relations services firm engaged to manage communications with investors, shareholders, and market participants.
- Major Oil and Gas Company (Unnamed)minorMulti-section farmout agreement with a major oil and gas company for development of adjacent property. Farmout arrangement enables resource development on adjacent lands without full capital outlay.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Altura Energy competitors and assessment
Company assessmentDirect peers
- Global Helium Corp. Helium exploration and production company focused on assets in Saskatchewan and Montana. Comparable to Altura as a junior helium pure-play pursuing high-concentration plays with industrial gas majors as off-take partners.
- First Helium: Junior helium exploration and production company focused on the Worsley trend in Alberta. Comparable to Altura as a small-cap helium E&P pursuing shallow, high-concentration helium resources with industrial gas off-takers.
- Helium Evolution Incorporated: Canadian helium exploration and development company focused on southern Saskatchewan. Comparable to Altura as a junior helium pure-play with similar growth-stage production profile and off-take agreements.
- Royal Helium: Canadian helium exploration and production company focused on the Climax and Bengi fields in Saskatchewan. Directly comparable as a small-cap helium E&P pursuing similar high-concentration plays with industrial gas off-take partners.
- Desert Mountain Energy: Helium exploration and production company operating in Arizona and the southwestern US. Highly comparable to Altura given its similar Arizona-based Holbrook Basin and Four Corners region operations targeting high-concentration helium resources.
- North American Helium: One of the largest pure-play helium exploration and production companies in North America, operating multiple helium facilities in Saskatchewan with similar offtake agreements to industrial gas majors. Directly comparable to Altura as a small-cap helium E&P focused on high-concentration resources.
- Avanti Energy: Helium exploration and production company with assets in Alberta and Montana. Comparable as a small-cap pure-play helium producer pursuing similar resource plays with industrial gas off-take partners.
Broad incumbents
- Air Products and Chemicals: Major global industrial gas company with substantial helium sourcing and distribution capabilities. Comparable as an alternative offtake counterpart and as a benchmark for global helium supply-demand dynamics impacting Altura's pricing.
- Linde plc: One of the largest global industrial gas companies and Altura's primary off-take partner. While not a direct competitor in exploration, Linde is the dominant buyer/distributor of helium and sets reference pricing that shapes Altura's economics.
- Air Liquide: Global industrial gas major with significant helium production and distribution operations. Comparable as an alternative offtake channel for Altura's helium production and a benchmark for global helium pricing dynamics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Altura Energy social profiles
Digital presenceAltura Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Altura Energy leadership team
Management profileNumber of profiles
Profiles4 records
Altura Energy funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Altura Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Altura Energy
What does Altura Energy do?
Altura Energy is a helium exploration, production, and storage solutions company operating the Pinta-South Helium Project in the Holbrook Basin of Arizona. The company produces helium gas at ultra-high concentrations (5-8%) from recompleted wells in the Shinarump formation and sells all production to Linde under a long-term offtake agreement at US$350/mcf. The vertical operation includes wells, an 8-mile pipeline, and an on-site helium processing facility, marketed as 'green helium' with nitrogen as the sole by-product.
Is Altura Energy a public or private company?
Altura Energy is a public company. It is classified as public and is currently operating.
When was Altura Energy founded?
Altura Energy was founded in 2021. It employs 1 to 10 people.
Where is Altura Energy based?
Altura Energy is headquartered in Denver, United States, in the North America region.
How does Altura Energy make money?
One revenue line is on record: helium Production and Sales.
Who are Altura Energy's main competitors?
Direct peers on record are Global Helium Corp., First Helium, Helium Evolution Incorporated, Royal Helium, Desert Mountain Energy, North American Helium and Avanti Energy. Broad incumbents are Air Products and Chemicals, Linde plc and Air Liquide.
Does Altura Energy have an API?
No public API is recorded for Altura Energy.
What industry is Altura Energy in?
Altura Energy's product category is Helium Exploration and Production. Its primary akta.pro industry code is IMAEACAD, Helium & Rare Gases (Neon/Krypton/Xenon). Its NAICS code is 32512 and its SIC code is 1382.