REV acquires Montana helium assets, expanding acreage, strengthening U.S. presence, and advancing exploration for helium and natural hydrogen opportunities.
REV Exploration Corp. has confirmed the successful completion of its previously announced acquisition of helium-focused oil and gas leasehold assets in Montana, marking a significant step in the company’s expansion strategy within the United States. This development follows the company’s earlier announcement on February 4, 2026, and results in REV securing full ownership of the targeted properties located in the Sweet Grass Hills Corridor—an area known for active helium exploration and production.
With this transaction finalized, REV now holds 100% interest in the acquired assets, substantially strengthening its presence in the helium-rich Northern Great Plains region. The acquisition significantly expands the company’s exploration footprint, increasing its total land position to approximately 19,000 acres. This represents nearly a fourfold increase in its asset base and underscores REV’s growing commitment to capitalizing on emerging opportunities in helium and natural hydrogen exploration.
In addition to the newly acquired Montana properties, REV’s portfolio includes the Aden Dome prospect, situated along the Alberta-Montana border. This site is considered an advanced, drill-ready target with promising potential for both helium and natural hydrogen discoveries. The combined asset base provides the company with a diversified platform to pursue exploration activities across strategically located, resource-rich regions.
To support its expanding operations in the United States, REV has established a wholly owned subsidiary, REV Exploration USA, Inc., incorporated in the state of Montana. This entity will serve as the holding company for REV’s American assets and is expected to facilitate more efficient management and execution of exploration activities within the region.
The acquisition was completed through a purchase and sale agreement with a publicly listed helium exploration company operating in the same corridor. Under the terms of the deal, REV provided total consideration comprising $250,000 in cash along with the issuance of 551,876 common shares, priced at $0.74 per share. This structured transaction reflects a balanced approach to capital deployment while aligning the interests of both parties involved.
Commenting on the milestone, CEO Jordan Potts emphasized the strategic timing of the acquisition, particularly in light of the recent surge in global helium prices. He highlighted the company’s strong confidence in the long-term fundamentals of the helium and natural hydrogen sectors, noting their increasing importance in ensuring energy security. Potts also pointed to the company’s previous investment successes and expressed optimism about generating further shareholder value through direct exploration initiatives.
From a technical perspective, REV’s exploration team is actively advancing its evaluation of the newly acquired acreage. According to VP of Exploration Shayne Neigum, the team is currently analyzing existing 2D and 3D seismic datasets to better understand subsurface geological structures. In parallel, the company is assessing the feasibility of conducting its own proprietary seismic surveys to enhance data quality and coverage.
This ongoing work is aimed at identifying and prioritizing high-potential drilling targets, which will support near-term exploration programs focused on helium and natural hydrogen resources. Overall, the acquisition positions REV Exploration Corp. to accelerate its growth trajectory while strengthening its role in the evolving clean energy and critical resource landscape.
