About

Vela Resources Corp. is a privately held helium exploration company focused on developing large resources of helium in southern Saskatchewan.

Vela is built on the foundation of a strong technical team and focused management.

Operations

Vela currently holds 75,000 acres of 100% working interest Crown helium leases with significant pending lease applications throughout southern Saskatchewan.

Vela holds a diverse portfolio of new drill and re-entry targets with historic helium concentrations ranging from 0.78% to 2.67%. Vela’s technical team have designed an exploration and development program that utilizes existing wellbores from oil and gas to reduce risk and capital expenditures.

Helium

Helium is an irreplaceable, and non-renewable commodity used extensively in high-tech industries like scientific research, manufacturing and healthcare. As those sectors continue to expand, the demand for helium follows.

Helium demand has increased at a 5% compounding annual growth rate and expected to grow at 8% through 2019.

The sedimentary basin of southern Saskatchewan has created an ideal reservoir to trap and accumulate this commodity of increasing demand.

News

Contact

adavidson@velaresources.com
306.281.9140

snewman@velaresources.com
306.291.2461

Suite 272-2366 Avenue C North
Saskatoon, Saskatchewan, S7L 5X5