8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the

Securities Exchange Act of 1934

December 20, 2024

Date of Report (Date of earliest event reported)

NEW ERA HELIUM INC.

(Exact Name of Registrant as Specified in Charter)

Nevada	001-42433	99-3749880
(State or Other Jurisdiction<br> <br><br> of Incorporation)	(Commission File <br><br> Number)	(I.R.S. Employer <br><br> Identification Number)
4501 Santa Rosa Dr. Midland, TX	79707
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(Address of Principal Executive<br> Offices)	(Zip Code)

Registrant’s telephone number, including area code:

(432) 695-6997

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	NEHC	The Nasdaq Stock Market<br> LLC
Warrants	NEHCW	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 7.01 Regulation FD Disclosure

On December 20, 2024, New Era Helium Inc. (the “Company”) posted on its website at www.newerahelium.com a Powerpoint presentation solely for informational purposes regarding its business. The Company intends to use this Powerpoint presentation in meetings with investors.

The Powerpoint presentation is filed herein as Exhibit 99.1.

The information contained in the Powerpoint presentation is summary information that is intended to be considered in the context of the Company's Securities and Exchange Commission (“SEC”) filings and other public announcements that the Company may make, by press release or otherwise, from time to time.  The Company undertakes no duty or obligation to publicly update or revise the information contained in this Powerpoint presentation, although it may do so from time to time as its management believes is warranted.  Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosure.

The information presented in Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless the Company specifically states that the information is to be considered “filed” under the Exchange Act or specifically incorporates it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Investor Presentation
104	Cover Page Interactive Data File (formatted in Inline XBRL).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: December 20, 2024

NEW ERA HELIUM INC.
By:	/s/ E. Will Gray, II
Name:	E. Will Gray, II
Title:	Chief Executive Officer

Exhibit 99.1

1<br>UNLOCKING VALUE IN A CRITICAL GROWTH MARKET<br>Nasdaq NEHC<br>INVESTOR PRESENTATION Q4/2024<br>1

| This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will any sale of a security occur in any jurisdiction where such an offer, solicitation or sale would be unlawful. This presentation \(this<br> “Presentation”\) is provided solely for information purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity or debt. It has been prepared to assist interested parties in<br>making their own evaluation of New Era Helium, Inc., a Nevada corporation \(“New Era Helium”\), its projects and prospects. This Presentation is proprietary and may not be reproduced or otherwise disseminated, in whole or in part, without<br>the prior written consent of New Era Helium. The information contained herein does not purport to be all-inclusive. The data contained herein is derived from various internal and external sources. No representation is made as to the<br>reasonableness of the assumptions made within or the accuracy or completeness of any projections or modeling or any other information contained herein. Any data on past performance or modeling contained herein is not an indication as<br>to future performance.<br>No Representation or Warranties<br>All information is provided “AS IS” and no representations or warranties, of any kind, express or implied are given in, or in respect of, this Presentation. To the fullest extent permitted by law in no circumstances will New Era Helium or any of<br>their respective subsidiaries, stockholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents be responsible or liable for any direct, indirect or consequential loss or loss of profit arising from the use of this<br>Presentation, its contents, its omissions, reliance on the information contained within it, or on opinions communicated in relation thereto or otherwise arising in connection therewith. Industry and market data used in this Presentation have<br>been obtained from third-party industry publications and sources as well as from research reports prepared for other purposes. New Era Helium has independently verified the data obtained from these sources and cannot assure you of the<br>data’s accuracy or completeness. This data is subject to change. In addition, this Presentation does not purport to be all-inclusive or to contain all of the information that may be required to make a full analysis of New Era Helium. Viewers of<br>this Presentation should each make their own evaluation of the company and of the relevance and adequacy of the information and should make such other investigations asthey deem necessary.<br>Trademarks<br>This Presentation may contain trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, service marks, trade names and<br>copyrights referred to in this Presentation may be listed without the TM, SM © or ® symbols, but New Era Helium will assert, to the fullest extent under applicable law, the rights of the applicable owners, if any, to these trademarks, service<br>marks, trade names and copyrights.<br>Use of Projections<br>This Presentation contains projected financial information. Such projected financial information constitutes forward-looking information and is for illustrative purposes only and should not be relied upon as necessarily being indicative of<br>future results. The assumptions and estimates underlying such financial forecast information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties. See<br> “Forward-Looking Statements” below. Actual results may differ materially from the results contemplated by the financial forecast information contained in this Presentation, and the inclusion of such information in this Presentation should<br>not be regarded as a representation by any person that the results reflected in such forecasts will be achieved.<br>Disclaimer<br>2<br>Nasdaq NEHC |

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| 7<br>About New Era Helium<br>Globally scarce industrial gas commodity, utilized in rapidly growing high tech<br>markets<br>Will be US-Listed, North American helium platform positioned to participate in<br>consolidation of exploration start-ups and midstream players<br>Experienced executive team and board, with expertise in both helium and<br>conventional gas development<br>Proved and probable helium resource strategically located in Southeastern New<br>Mexico in the Permian Basin<br>Secured two \(2\) 10-year take-or-pay offtake agreements with international helium<br>buyers \(estimated $113 million\(1\) helium revenue generation\)<br>Vertically integrated, scalable helium operation with a focus on producing<br>Responsibly Sourced Gas \(RSG\) and Responsibly Sourced Helium \(RSH \)<br>\(2\)<br>\(1\) Helium revenues are net of royalties, transportation and tolling services. Estimates are prepared by New Era Helium management<br>\(2\) RSH is trademarked by New Era Helium<br>Helium, An Undersupplied<br>Mission Critical Element<br>A U.S. Platform for Growth &<br>Consolidation<br>Vertical Integration of the<br>Helium Supply Chain<br>Experienced Executive Team<br>and Board<br>Proved Reserves as a<br>Differentiator<br>Secured Long-Term Helium<br>Offtake<br>3<br>Nasdaq NEHC |

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| 9<br>Company Overview<br>New Era Helium Corp. is a helium exploration and production company that sources helium from the Pecos Slope field located in Southeastern New<br>Mexico in the Permian Basin. New Era has secured long-term offtake agreements \(take-or-pay, fully-committed volumes\) with two major<br>international helium buyers that represent an estimated $113 million\(1\) of helium revenues over the life of the contracts.\(2\)<br>Key Highlights<br> • 400+ operated producing wells with average working interest \(WI\) of<br>93.7% ownership<br> • Helium with natural gas and natural gas liquid \(NGL\)’s as a<br>byproduct<br> • Long-lived helium production out of the prolific Pecos Slope Gas field<br>\(via the Abo formation\); producing conventionally since the late 1970’s<br> • We are actively working towards becoming a vertically integrated<br>helium extraction company, encompassing upstream, midstream, and<br>downstream operations, with proven and probable reserves in addition<br>to long-term secured offtake agreements<br> • Two 10-year take-or-pay offtake agreements in place with major Tier-1<br>and Tier-2 international helium buyers<br> • Helium recovery plant construction commenced in Q3 2023; estimated<br>completion in Q2 2025 with a nameplate capacity of 20 gross MMCFE/D<br>of inlet natural gas<br>~$113MM<br>Helium Revenue<br>Commitments\(1\)<br>Two \(2\) 10-year helium sales<br>agreements in place with<br>international helium buyers<br>400+<br>Operated wells with<br>commercial He qty.<br>Producing helium and natural<br>gas, today, in the Permian Basin<br>~1.5 BCF<br>Gross Proved + Probable<br>Helium Reserves\(3\)\(4\)<br>Third-Party Validated Proven &<br>Probable Reserves \(Not<br>Prospective\)<br>137k<br>Gross Acres<br>\(HBP\)<br>Unique Permian Basin asset<br>that was discovered in 1977<br>\(1\) Helium revenues are net of royalties, transportation and tolling services. Estimates are prepared by New Era<br>Helium management.<br>\(2\) Assumes helium pricing at market rates confidentially negotiated; is not inclusive with revenue of natural gas<br>or natural gas liquid \(NGL\).<br>\(3\) 0.5 BCF of gross proved helium volumes and 1.0 BCF of gross probable helium volumes in recoverable reserves<br>\(4\) Gross proved and probable reserves independently prepared by MKM Engineering as of December 31, 2023.<br>4<br>Nasdaq NEHC |

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| 10<br>\[picture\] \[picture\]<br>\[picture\] \[picture\] \[picture\]<br>\[picture\]<br>Key strategic partnerships<br>New Era At a Glance<br>2Q25<br>Expected start of delivering<br>helium to buyers<br>3-stream<br>\(He, Nat Gas,<br>Natural Gas Liquid\)<br>Revenue generation derived<br>from three streams<br>~1.5 BCF<br>2P Helium Reserves \(2\)<br>Substantial reserve base with<br>high-purity helium<br>Permian Basin: Strategic<br>location<br>for helium production<br>36.0<br>MMCF p.a.<br>Two \(2\) 10-year helium sales<br>agreements in place with major<br>helium buyers<br>~4.2<br>MMCF/D\(1\)<br>Producing helium and natural<br>gas in the Permian Basin<br>\(1\) Includes gross daily production of natural gas as of August 2024; includes helium concentration that does not contribute to revenue.<br>\(2\) 0.5 BCF of gross proved helium volumes and 1.0 BCF of gross probable helium volumes in recoverable reserves. Gross proved and probable reserves as prepared by MKM Engineering as of December 31, 2023. NEH engaged MKM<br>Engineering as an independent reserve auditor to prepare the report. Neither the engagement nor the compensation is contingent on results or future production rates for the subject properties.<br>\(3\) Kornbluth Helium Consulting, LLC.<br>~1.6%<br>Est. U.S. He Market Share\(3\)<br>Plant capacity will represent<br>~1.6% of domestic 2023 He<br>demand.<br>5<br>Nasdaq NEHC |

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| Key Management<br> ▪ Co-Founder of New Era Helium<br>partner at Solis Partners, LLC.<br> ▪ Mr. Gray has oil and gas experience<br>spanning 19 years, having directly<br>operated over 950 wells located in New<br>Mexico, Texas, and Oklahoma since<br>2005. Mr. Gray has a specialization in<br>conventional oil and gas assets<br>Prior Company<br>and Experience:<br>E. Will Gray II<br>Chairman & CEO<br> ▪<br>Prior Company<br>Mr. Rugen, CPA has 40 yrs experience in Experience:<br>executive, accounting, and finance<br>positions primarily in E&P and oilfield<br>services companies.<br> ▪ Mr. Rugen was previously the CFO of<br>Riley Exploration Permian, Inc., a NYSE<br>American listed Permian Basin oil and gas<br>company and CFO/Interim CEO of<br>Tengasco, Inc, its predecessor.<br>Michael J Rugen<br>Chief Financial Officer<br>Prior Company<br>Bret Pearcy<br>Head of Geology<br> ▪ Ms. Kay joined Solis Partners in 2020 to<br>implement and oversee the company’s<br>New Mexico land and regulatory<br>department.<br> ▪ Before joining Solis Partners, Vicki<br>worked as an independent landman for<br>15 years, serving clients with an<br>emphasis on the Haynesville and the<br>Permian.<br>Prior Company<br>Experience:<br>Vicki Kay<br>Land &Legal<br> ▪ Mr. Parsons has over 17 years of oil and<br>gas experience as both an engineer and<br>landman.<br> ▪ He previously worked as a production<br>and operations engineer and as a<br>landman for various companies from<br>Texas to Colorado.<br>Prior Company<br>Experience:<br>Scott Parsons<br>Operations<br> ▪ Seasoned oil and gas executive with<br>over 40 years of experience in<br>petroleum engineering, senior<br>management, and international<br>banking.<br> ▪ Held roles in exploration, production,<br>and operations, including reservoir and<br>production engineering, drilling, facility<br>design, property evaluations, and M&A<br>Prior Company<br>Experience:<br>Pat Seale<br>Head of Engineering<br> ▪ Geologist and Geologic Advisor with over Experience:<br>35 years of experience in the oil and gas<br>industry, primarily in the Permian Basin of<br>Texas and New Mexico.<br> ▪ Has extensive experience leading drilling<br>programs to generate, characterize, and<br>optimize drilling prospects for asset<br>exploitation.<br>6<br>Nasdaq NEHC |

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| 11<br>Board of Directors<br> ▪ Co-Founder of New Era Helium<br>and partner at Solis Partners,<br>LLC.<br> ▪ Mr. Gray has oil and gas<br>experience spanning 19 years,<br>having directly operated over<br>950 wells located in New<br>Mexico, Texas, and Oklahoma<br>since 2005. Mr. Gray has a<br>specialization in conventional<br>oil and gas assets<br>Prior Company Experience:<br>E. Will Gray<br>II<br>Chairman &<br>CEO<br>Years of experience: 19 years<br>Background:<br>Years of experience: 41 years<br>Background:<br> ▪ Executive in the chemical and<br>industrial gas industries,<br> ▪ President of Kornbluth Helium<br>Consulting, LLC. and former<br>VP/General Manager of Global<br>Helium for both BOC Gases<br>and the Matheson Gas<br>subsidiary of Nippon Sanso<br>Holdings.<br>Prior CompanyExperience:<br> ▪ An experienced entrepreneur<br>and public policy leader,<br>having served in C-Level<br>leadership roles for energy-related companies and as a<br>U.S. Representative for Texas,<br>where he chaired the<br>Republican Study Committee<br> ▪ Serves on multiple boards,<br>including as Chairman of the<br>Texas’ Electric Grid at ERCOT<br>and Director of CO2 Energy<br>Transitions LLC<br>PriorExperience:<br>Bill Flores<br>Audit<br>Committee<br>Chairman<br>Years of experience: 35 years<br>Background:<br>Years of experience: 40 years<br>Background:<br> ▪ Executive in the chemical and<br>industrial gas industries,<br> ▪ Ran a consulting practice<br>focused on Commercial<br>Excellence that has<br>completed projects in pricing<br>and sales effectiveness.<br> ▪ Has also served as an advisor<br>to Acme Cryogenics<br>Prior Company Experience:<br>Stan<br>Borowiec<br>Independent<br>Director<br> ▪ Developed and<br>commercialized energy<br>transition technologies,<br>overseeing over $1B in<br>infrastructure builds, e.g.<br>largest sustainable jet fuel<br>offtake deal.<br> ▪ Generated billions in value by<br>aligning capital providers,<br>corporates, and tech<br>founders, driving operational<br>excellence within portfolio<br>companies.<br>Prior Company Experience:<br>Charles<br>Nelson<br>Compensation<br>Committee<br>Chairman<br>Years of experience: 13 years<br>Background:<br>Phil Kornbluth<br>Governance and<br>Nominating<br>Committee<br>Chairman<br>7<br>Nasdaq NEHC |

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| 13<br>Unique Properties of Helium<br> ▪ Colorless, odorless, tasteless gas<br> ▪ Chemically and Radiologically inert – Helium is non-reactive and does not become radioactive<br> ▪ Second lightest element & second smallest molecule<br> ▪ Lightest & smallest that does not burn<br> ▪ Helium has the lowest condensation point of any element<br> ▪ -452.2 degrees F, -269 degrees C, 4.2 degrees K<br> ▪ Liquid Helium is the coldest substance on the planet<br> ▪ Helium remains liquid even at absolute zero<br> ▪ Gaseous Helium has a very high specific heat and thermal<br>conductivity<br>2 He<br>Helium<br>8<br>Nasdaq NEHC |

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| 95% of the world’s helium production is associated with the production of natural gas\(1\)<br>.. Helium is a non-renewable noble gas<br>primarily obtained through the extraction and processing of natural gas reservoirs, where it is a byproduct, and plays a crucial role in<br>various industrial applications.<br>Increasingly used in high tech applications – semiconductors, MRI, optical fiber, aerospace<br> ▪ $6-7 billion international helium market at the end-user level\(1\)<br> ▪ Helium usually trades in USD at the wholesale level<br> ▪ Electronics has/will surpass MRI as the #1 application\(1\)<br> ▪ Helium business is extremely “opaque”; it is not publicly traded<br>with volume/price agreements negotiated privately<br>Helium business is an “oligopoly” led by 5 large multinational<br>industrial gas companies \(“Helium Customers”\):<br>~47%<br>of effective capacity<br>\(7 of 16 plants\) in the<br>U.S.<br>~31%<br>of global demand<br>In the U.S.<br>~15%<br>of global demand in<br>China, # 2 & fastest<br>growing<br>2-4% p.a.<br>Expected volume CAGR<br>2021-2025 \(1\)<br>\(1\) Kornbluth Helium Consulting, LLC<br>2 He<br>Helium<br>9<br>Nasdaq NEHC |

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| 15<br>Typical Path to He Monetization<br>Gas Field Gas Processing,<br>Helium Extraction<br>98-99% Purity<br>Gaseous He<br>Jumbo Tube<br>Trailer<br>Helium<br>Liquefaction<br>Plant<br>Sale to Balloon<br>Gas Market \(at<br>Plant Tailgate\)<br>11,000Gallon ISO<br>Container<br>Liquid<br>Helium<br>To Domestic or Overseas<br>Helium Transfill<br>Transport Crude<br>to Helium<br>Liquefier for<br>Tolling<br>Sale as high purity<br>crude helium<br>10<br>Nasdaq NEHC |

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| Helium Applications in High-Growth Sectors<br>Attractive Demand Growth Drivers<br> ▪ Semiconductor Manufacturing: Helium is crucial in semiconductor<br>manufacturing due to its unique properties as an inert gas and<br>high thermal conductor and serves various functions throughout<br>the manufacturing process, with limited substitutes.\(1\)<br> ▪ Space and Defense: Helium is used in liquid fueled rockets and in<br>critical processes during lift-off, including separation of hot gases<br>and ultra-cold liquids. National defense applications include rocket<br>engine testing, scientific balloons, surveillance crafts, air-to-air<br>missile guidance systems, and more.\(2\)<br> ▪ Life Sciences and Technology: 20% of helium is used in healthcare<br>mainly magnetic resonance imaging \(MRI\), 17% in analytical and<br>laboratory applications, and 6% in engineering and scientific<br>applications.\(3\)<br> ▪ Cryogenics: Liquid helium’s extremely low temperature makes it<br>uniquely qualified for use in cooling the superconducting<br>magnets utilized in MRI scanners, NMR scanners, particle<br>accelerators and nuclear fusion research .<br>\(4\)\(5\)<br>Technology<br>Manufacturing<br> ✓ Semiconductor<br>manufacturing<br> ✓ LCDPanels<br> ✓ Fiber optics cables<br>Healthcare &<br>Life Sciences<br> ✓MRI Scanners<br> ✓Helium-ion<br>microscopes<br> ✓Laser eye surgery<br> ✓Cryogenics<br>Aerospace & Defense<br> ✓ Space Exploration<br> ✓ Fuel Purging Systems<br> ✓ Defense and Rocket<br>Guidance Systems<br>Industrial Uses<br> ✓ Welding, shield masks<br> ✓ Gas leak detection<br> ✓ Nuclear reactor coolant<br> ✓ Crystal growth<br>Mission Critical Applications<br>\(1\) Semiconductor Industry Association \(SIA\) to the U.S. Geological Survey \(USGS\) on Helium Supply Risk.<br>\(2\) U.S. Department of the Interior Bureau of Land Management.<br>\(3\) The Institute for Energy Research \(IER\), Washington D.C.<br>\(4\) Siemens Healthineers: The Liquid Gold of MRI.<br>\(5\) NASA: NASA Awards Agency-wide Helium Contract.<br>11<br>Nasdaq NEHC |

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| Shortage 1.0 \(2006-2008\)<br>Shortage 2.0 \(2011-2013\)<br>Shortage 3.0 \(2018-2020\)<br>Shortage 4.0 \(2022-2024\)<br>Global Helium Shortages\(1\)<br>Logistical, geopolitical risks & supply chain disruptions caused<br>significant helium shortage events<br>17<br>Depletion of the BLM’s \(Bureau of Land<br>Management\) reserves \(2\)<br>Outages at BLM’s Helium Enrichment Unit<br>Outages at Exxon’s Wyoming Unit<br>Production shortfalls in Qatar<br>Loss of capacity from the BLM<br>Production shortfalls in Algeria<br>Maintenance outages<br>BLM outage<br>Delayed production from Gazprom<br>Maintenance outages<br>Helium Sources Worldwide<br>\(1\) Kornbluth Helium Consulting, LLC<br>\(2\) The Bureau of Land Management is an agency within the United States Department of Interior responsible for administering U.S. federal lands.<br>Headquartered in Washington, D.C., the BLM oversees more than 247.3 million acres of land, or one-eighth of the United States’ total land mass.<br>12<br>Nasdaq NEHC |

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| Historical Helium Pricing<br>Source: Kornbluth Helium Consulting LLC<br>\(1\) Prices represented are the price for bulk liquid helium at the source sold in large quantities<br>\(&gt;100MMscf/yr\) under long term contracts \(&gt;=10 yrs.\)<br>Within the last two decades, helium prices have increased<br>dramatically.<br>$69 $71 $73 $75 $77 $90 $95<br>$112 $121<br>$144 $142 $145<br>$160<br>$250<br>$230 $220<br>$375<br>$425<br>$100.00<br>$150.00<br>$200.00<br>$250.00<br>$350.00<br>$300.00<br>$400.00<br>$450.00<br>$50.00<br>$-<br>2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023<br>W.A. LHE Prices \(1\)<br>13<br>Nasdaq NEHC |

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| 19<br>Helium’s Well-Established U.S. Supply Chain will<br>Provide New Era with Global Market Access<br>Access to Tier-1Players Established Supply Chain Reliable Market Supplier<br> ▪ New Era has a reliable supply of<br>helium available for processing.\(1\)<br> ▪ The Pecos Slope Plant in<br>Southeastern New Mexico in the<br>Permian Basin allows New Era to<br>produce gaseous helium for sale to<br>major players or liquefaction.<br> ▪ Large helium distributors have an<br>existing network to ship New Era’s<br>helium to global markets.<br>Extraction from Gas Fields<br>Purification at Helium Plant<br>Liquefaction at Keyes Helium<br>Ship to Major Distributors<br>Helium has been listed on the critical materials list of major economies such as the United States, the<br>European Union, and mainland China because it is critical to strategic industries and at high risk of supply<br>shortages.\(2\) A helium tolling agreement, enables NEH to produce liquid helium and facilitates access to a<br>global market.<br>\(1\) Reliability is based upon NEH’s 3rd party validation of our 1Pand 2P helium reserves as of 12/31/23<br>\(2\) IHS Chemical. Helium Economics Handbook \(CEH\); April 2022<br>14<br>Nasdaq NEHC |

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| Robust Helium Supply Chain<br>from Wellhead to Customer<br>NEW ERA<br>HELIUM CORP<br>Helium Offtake<br>Agreements<br>Helium<br>Natural Gas<br>Natural Gas<br>Liquids \(NGL\)<br>Processing Plant for:<br> • Helium Recovery &<br>Purification<br> • NGL Fractionation<br> • Natural Gas Separation<br>Natural Gas New Era<br>Production<br>New Era is constructing a helium<br>processing plant \(Pecos Slope Plant\)<br>estimated to be completed in Q2 2025.<br>New Era has secured 10-year offtake agreements with two<br>major international helium buyers \(Tier-1 and Tier-2\)<br>End User<br>15<br>Nasdaq NEHC |

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| New Era holds sizeable commercial helium reserves<br>proximal to a mature network of infrastructure<br>Sizeable Resource in a<br>Strategic Locale<br>Pecos Slope New Mexico Leasehold<br>\(Helium Heat Map\)<br> ▪ Within 550 miles of 6 out of 7 U.S. helium liquefaction plants<br> ▪ 20 miles north of Roswell, Southeastern New Mexico in the<br>Permian Basin<br> ▪ Less than 0.5 miles to El Paso Kinder Morgan Line<br> ▪ Less than 15miles to EPDNGL Line<br> ▪ Less than one mile from major highway<br>Commercial Helium<br>Concentration \(&gt;0.3 MOL% He\)<br>315<br>Independently<br>Evaluated Wells<br>\(He Sampling\)\(1\)<br>\(1\) Helium sampling independently performed on 315 wells administered by New Era Helium.<br>16<br>Nasdaq NEHC |

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| Helium Reserves<br>\(1\) Helium sampling independently performed on 315 wells administered by New Era Helium.<br>\(2\) Helium revenues are net of royalties, transportation and tolling services. Estimates are prepared by New Era Helium management<br>\(3\) Expected to be listed upon the closing off the business combination<br>\(4\) Internal estimates provided by New Era Helium<br>Past Insight<br> ▪ The Pecos Slope Field has<br>produced nearly 600B cubic ft.<br>\(BCF\) of natural gas since<br>1977. Helium was first captured<br>and sold commercially starting in<br>2018<br> ▪ NEH has sampled 315 of its<br>producing wells showing<br>commercial helium content<br>ranging from 0.003 Mol % - 1.573<br>Mol % with a mean average of<br>0.468Mol % \(1\)<br> ▪ NEH’s two 10- year offtake<br>agreements for its helium<br>represent $113MM of value\(2\)<br>Present Status<br> ▪ One of only two companies that<br>will trade on a US major Exchange<br>that have proved helium<br>reserves\(3\)<br> ▪ To date, New Era Helium’s<br>proven + probable reserve<br>development scenario calls for<br>drilling of 540 wells with the full<br>development of 75,840 acres<br>\(55.36%\) of its total 137,000 gross<br>acre leasehold\(4\)<br> ▪ That leaves an additional 61,160<br>acres \(44.64%\) that has yet to be<br>developed\(4\)<br>Future Vision<br> ▪ The 2P Development Plan for<br>Proved & Probable reserves<br>identified by NEH paints a positive<br>picture of 44.64% of the NEH<br>leasehold yet to be developed at<br>the end of the 2P Development,<br>with ABO reservoir upside future<br>development essentially equal to<br>the reserves contained in the NEH<br>12/31/2023 YEReserve Report for<br>the Pecos Slope ABO Field.\(4\)<br> ▪ The company's goal is to secure<br>at least 2% of the North American<br>helium market and become a key<br>player in aggregating helium<br>production across the region.<br>Helium Reserves<br> ▪ Gross proved helium reserves<br>estimate at 489 MMcf<br> ▪ Net proved helium reserves<br>estimate at 389 MMcf<br> ▪ Gross probable reserves<br>estimate at 1,038 MMcf<br> ▪ Net probable reserves estimate<br>at 704 MMcf<br>17<br>Nasdaq NEHC |

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| Attractive Long-Term Offtake<br>Agreements in Place with Major<br>Helium Buyers<br>Helium Offtake Agreements<br>Buyer Agreement #1<br>Tier 1Gas Co.<br>Agreement #2<br>Tier 2 Gas Co.<br>Term 10Years 10Years<br>Quantity 50% : \(16.4-18.0\) MMSCF/ yr 50% : \(16.4-18.0\) MMSCF/ yr<br>Mode of Delivery Bulk Gaseous Helium Bulk Liquid Helium<br>Price Market Rate, Ex Works Market Rate, Ex Works, Liquefier<br>Price Adjustment U.S. CPI U.S. CPI<br>Floor Price ~75% - 1st 5 years 70% of Initial Price<br>Price Reopeners After Yr 3 After Yr 3<br>Prepayment N/A $2MM<br>18<br>Nasdaq NEHC |

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| Vertical Integration Allows for<br>Greater Monetization<br> ▪ All natural gas volumes are currently gathered and processed<br>by IACX Energy<br> ▪ Upon completion of the Pecos Slope Plant, we will be<br>vertically integrated in production, processing, and<br>midstream takeaway – a complete helium platform operation<br> ▪ Inlet gas volumes: 20 MMCF/D<br> ▪ Helium \(gaseous\) sales volumes: ~99 MCF/D<br> ▪ Sales gas flow rate: ~15.7 MMCF/D<br> ▪ NGL flow rate: ~1,070 BBL/D<br> ▪ Off spec fuel gas flow rate: ~2.6 MMCF/D<br> ▪ Midstream gathering system<br> ▪ With a National Exchange Listing, the Company is positioned<br>to aggregate additional assets within North America<br>Illustrative 3D rendering of New<br>Era Pecos Slope Plant currently<br>under construction.<br>19<br>Nasdaq NEHC |

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| Why Invest<br>STRATEGIC LOCALE<br>Proximity to key infrastructure - 20 miles north<br>of Roswell and within 550 miles of 6 out of 7<br>U.S. He Liquification plants. In close proximity<br>to interstate pipelines and less than one mile<br>from a major highway<br>HELIUM PRODUCTION<br>Producing helium TODAY\(~0.003 - 1.57 MOL%<br>helium concentration\) that can be scaled<br>through workover improvements and/or new<br>drills<br>PLANTIN PROGRESS<br>Helium Processing Plant construction<br>underway \(30% complete\) \($3.7 million<br>funded\) with expected completion by Q2 2025<br>OFFTAKESIN PLACE<br>Two \(2\) 10-year helium purchase ”take-or-pay” agreements executed to secure offtake<br>for 36 MMCF p.a. plant output<br>HELIUM RESERVES IN PLACE<br>137,000 gross acres \(HBP\) located in<br>Southeastern New Mexico in the Permian<br>Basin with approximately 1.5 BCF\(1\) of gross<br>proved and probable helium reserves in place<br>\(1\) 0.5 BCF of gross proved helium volumes and 1.0 BCF of gross probable helium volumes in recoverable reserves.<br>20<br>Nasdaq NEHC |

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| Nasdaq NEHC<br>THANK YOU<br>21<br>FOR MORE INFORMATION:<br>Jonathan Paterson<br>Investor Relations<br>+1 475 477 9401<br>jonathan.paterson@harbor-access.com |

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| Nasdaq NEHC<br>APPENDIX<br>22 |

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| Abo Gas Cum Map Abo Structure Helium Heat Map<br>Key Maps<br>23<br>Nasdaq NEHC |

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| 29<br>AT<br>AGLANCE<br>Pecos Slo<br>p<br>e Field<br> • The Pecos Slope Field has produced nearly 600 billion cubic feet<br>of natural gas since 1977<br>.. To that end, there are more than 540<br>proved and probable locations on the property it can drill to help<br>expand and update its helium reserves. • To date, New Era Helium’s proven<br>+ probable reserve<br>development scenario calls for drilling of 540 wells with the full<br>development of 75<br>,840 acres<br>\(55<br>..36<br>%<br>\) of its total 137<br>,000 gross<br>acre leasehold<br> • That leaves an additional 61<br>,160 acres<br>\(44<br>..64<br>%<br>\) that has yet to<br>be developed. • The 2P Development Plan for Proved<br> & Probable reserves that<br>have been identified by NEH paints<br>a very<br>a positive picture of<br>44.64<br>% of the NEH leasehold yet to be developed at the end of<br>the<br>2<br>P Development, with ABO reservoir upside future<br>development essentially equal to the reserves contained in the<br>NEH 12<br>/31<br>/2023 YEReserve Report for the Pecos Slope ABO Field<br> • The company’s goal as an emerging player in the helium space is<br>to, at minimum, secure at least<br>~<br>2<br>% of the North American<br>helium market and position itself as<br>a key player in the<br>aggregation of existing helium production across North America<br>..<br>24 |

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