News Image

New Era Helium Advances Hyperscaler Discussions and Prepares for Board Expansion to Accelerate AI Infrastructure Strategy in the Permian Basin

Provided By Business Wire

Last update: Jun 12, 2025

New Era Helium, Inc. (Nasdaq: NEHC) (“NEHC” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers, LLC (“TCDC”) its joint venture with Sharon AI, Inc., is in active discussions with certain large enterprise customers to anchor its planned AI infrastructure buildout in Ector County, Texas. While no formal agreement has been signed, the Company is actively working to align TCDC’s Permian Basin AI Infrastructure efforts with the needs of a large-scale, high-performance computing (HPC) development.

As part of these discussions, TCDC is pursuing additional land in close proximity to the current site with the goal of scaling the data center campus to potentially support significant expansion of powered capacity. This could represent a transformative digital infrastructure footprint in the Permian Basin that will link abundant local energy in the Permian Basin with the surging demand for AI compute.

In addition, the Company has also identified three new board candidates with expertise spanning energy, infrastructure, and digital innovation. The Company is completing final due diligence, and the appointments are expected to reinforce the Company’s governance and long-term growth strategy.

E. Will Gray II, CEO of New Era Helium, Inc., commented: “Our vision is to power the next era of AI infrastructure from the heart of America’s energy backyard, the Permian Basin. Interest in Texas Critical Data Center validates the value of our location and our strategy. We’re committed to building out a scalable, resilient platform to meet the rising energy demands of AI.”

About New Era Helium, Inc.

New Era Helium, Inc. is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. The Company controls over 137,000 acres in Southeast New Mexico, with more than 1.5 Bcf of proved and probable helium reserves sourced alongside natural gas production. Through its joint venture, Texas Critical Data Centers, LLC, NEHC is capturing multi-sector growth across helium, power, and data infrastructure. For more information, visit www.newerahelium.com. Follow New Era Helium on LinkedIn and X.

Forward Looking Statements:

This press release may contain forward-looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believe,” “estimate,” “project,” “anticipate,” “expect,” “seek,” “predict,” “continue,” “possible,” “intend,” “may,” “might,” “will,” “could,” would” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, our product candidates, commercialization objectives, prospects, strategies and the industry in which we operate. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250612101595/en/

NEW ERA HELIUM INC

NASDAQ:NEHC (6/16/2025, 4:02:02 PM)

After market: 0.595 0 (0%)

0.595

+0.05 (+9.54%)



Find more stocks in the Stock Screener

NEHC Latest News and Analysis

ChartMill News Image3 hours ago - ChartmillThe trading volume of these stocks is deviating from the norm in today's session.

Join us as we delve into today's session and uncover the stocks that are standing out with unusual volume.

Mentions: BRN USEG INDO ZCMD ...

ChartMill News Image3 days ago - ChartmillOn Friday, there are stocks with unusual volume. Let's take a look.

Discover the stocks with unexpected trading volume in today's session on the US markets.

Mentions: ZDGE VXRT HSDT EQ ...

ChartMill News Image4 days ago - ChartmillCurious about the stocks that are showing activity after the closing bell on Thursday?

As the regular session of the US market concludes on Thursday, let's get an insight into the after-hours session and identify the stocks leading the pack in terms of gains and losses.

Mentions: DK GTI RH FGEN ...

ChartMill News Image4 days ago - ChartmillMost active stocks in Thursday's session

Thursday's session is buzzing with activity. Check out the stocks that are attracting the most attention and driving market activity!

Mentions: DNN GTI GME NVDA ...

ChartMill News Image4 days ago - ChartmillLet's take a look at the stocks that are in motion in today's session.

Keep an eye on the top gainers and losers in Thursday's session, as they reflect the most notable price movements.

Mentions: HUSA AXTI RSLS HSDT ...

ChartMill News Image4 days ago - ChartmillThere are notable gap-ups and gap-downs in today's session.

The market is filled with gapping stocks in Thursday's session. Let's discover which stocks are showing gap-ups and gap-downs.

Mentions: GTI RSLS HSDT GNLN ...

ChartMill News Image4 days ago - ChartmillWondering what's happening in today's pre-market session?

The US market session of Thursday has yet to be opened, let's have a look at the top gainers and losers in the pre-market session today.

Mentions: HUSA GTI GME TNXP ...

Follow ChartMill for more