---
title: "Quantum Helium outlines Colorado exploration progress ahead of November AGM"
publisher: "Share Talk"
author: "sharetalk"
published: "2026-10-14T09:21:35+00:00"
modified: "2026-10-14T09:21:35+00:00"
date: 2026-10-14
canonical: "https://www.share-talk.com/quantum-helium-outlines-colorado-exploration-progress-ahead-of-november-agm/"
category: "Energy"
categories: ["Energy"]
tags: ["airborne", "Amadeus Basin", "Australia", "Baja Oil and Gas LLC", "Carl Dumbrell", "gas", "Gradiometry", "Gravity", "Greenvale Energy", "GRV", "Helium", "Howard McLaughlin", "John Barr", "John W Barr", "Mosman Oil and Gas Limited", "MSMN", "Nadsoilco", "Nadsoilco LLC", "Northern Territory", "oil", "QHE", "Quantum Helium Limited", "Sagebrush", "Sagebrush project", "Share Talk", "Stanley-4", "Texas", "Winters Lease"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/10/6d925d64-8977-47fb-8a00-9a1019e205bc.png?fit=1727%2C911&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Quantum Helium outlines Colorado exploration progress ahead of November AGM

**Published:** October 14, 2026
**Author:** sharetalk
**Categories:** Energy
**Tags:** airborne, Amadeus Basin, Australia, Baja Oil and Gas LLC, Carl Dumbrell, gas, Gradiometry, Gravity, Greenvale Energy, GRV, Helium, Howard McLaughlin, John Barr, John W Barr, Mosman Oil and Gas Limited, MSMN, Nadsoilco, Nadsoilco LLC, Northern Territory, oil, QHE, Quantum Helium Limited, Sagebrush, Sagebrush project, Share Talk, Stanley-4, Texas, Winters Lease
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/10/6d925d64-8977-47fb-8a00-9a1019e205bc.png?fit=1727%2C911&quality=80&ssl=1)

---

[Quantum Helium Limited (AIM: QHE)](https://www.investegate.co.uk/announcement/rns/quantum-helium-limited--qhe/notice-of-agm/9821589) has confirmed that its Annual General Meeting will take place on 12 November 2026, with shareholders set to vote on director appointments and remuneration proposals as the company advances its helium and oil exploration projects in Colorado.

The company has distributed its AGM notice and accompanying proxy forms to shareholders, with documents also available through its corporate website.

The meeting will be held in Sydney, Australia, at **8:00 am GMT on 12 November**, with resolutions including the re-election of Graham Duncan as a director and proposed share-based remuneration awards for board members and senior management.

Under the proposals, **Carl Dumbrell, Nigel Harvey, Tina Loh, Howard McLaughlin, Andrew Scott and Graham Duncan would each receive ordinary shares worth A$50,000**, representing a combined value of A$300,000.

The number of shares issued will be calculated using the five-day volume-weighted average share price immediately preceding the AGM, with the awards subject to a 12-month escrow period.

Shareholders will also consider an advisory vote on the directors’ remuneration report and review the company’s annual report for the financial year ended 30 June 2026.

**Executive Chairman Carl Dumbrell highlighted significant technical and operational progress across Quantum Helium’s Colorado portfolio**, including the independent establishment of **1.104 billion cubic feet of gross 2U helium resources** across the Sagebrush and Coyote Wash projects.

The company has also completed a major 3D seismic survey, secured regulatory approvals and confirmed helium-bearing gas alongside a new oil discovery in the Leadville Formation at Sagebrush-1.

Further seismic interpretation has identified additional potential oil and helium drilling targets, while preparations continue for a larger-volume stimulation programme at Sagebrush aimed at achieving stronger and more sustainable flow rates.

**Quantum Helium believes its expanding exploration portfolio provides opportunities for further resource development**, although future production potential will depend on drilling, testing and successful stimulation results.

Dumbrell said the proposed share awards are intended to align directors and senior management with shareholders as the company progresses its development strategy.

Holders of Depositary Interests must submit voting instructions by **2:00pm GMT on 6 November 2026**, while other shareholders must return completed proxy forms by **8:00am GMT on 10 November 2026**.

**Investor attention will now focus on the planned Sagebrush stimulation programme and further exploration opportunities**, as Quantum Helium seeks to build on its recent discoveries and advance its Colorado assets towards potential commercial development.

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**Original URL:** https://www.share-talk.com/quantum-helium-outlines-colorado-exploration-progress-ahead-of-november-agm/
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