Quantum Helium (QHE) Corporate presentation summary

Strategic focus and asset portfolio

• Concentrating on helium, hydrogen, and hydrocarbons, with a primary focus on helium due to its high value and scarcity.

• Holds interests in US projects (Vecta, Sagebrush, Coyote Wash) and retains royalties from Australian asset sales.

• US projects are located in proven high-helium areas with established infrastructure and moderate drilling costs.

• Australian assets EP145 and EPA155 sold, retaining 5% and 2.5% royalties respectively, avoiding significant exploration costs.

• Cash flow generated from heritage oil and gas projects and asset sales funds ongoing exploration.

Helium market and strategy

• Helium prices have surged to $300–$500 per MCF, driven by scarcity and diverse industrial demand.

• Strategic shift to focus on US helium projects, leveraging higher margins and lower costs.

• Dual-target wells in Colorado offer both helium and hydrocarbon production potential.

• Early production and sales possible due to proximity to existing helium infrastructure.

• Vecta project drilling planned for 2025, with development possible in 2026.

Project details and exploration plans

• Vecta: 20% interest, five helium prospects identified, low-cost drilling, and experienced operator.

• Coyote Wash: 100% interest, five large helium prospects, 1.4–2.7 Bcf resource estimate, 3D seismic coverage.

• Sagebrush: 82.5% interest, stable oil production, potential for 0.6 Bcf helium, ongoing seismic reprocessing.

• Planned acquisition of 3D seismic over Sagebrush and reprocessing of Coyote Wash and Roadrunner 3D.

• Existing pipeline infrastructure can be reactivated to connect projects to processing plants.