Messer confirms itself as highest bidder in US federal helium reserve sale2 Feb 2024 11:38
Messer has confirmed itself as the highest bidder for the two federal helium assets that were put up for auction by the General Services Administration (GSA) last month (25th January 2024).
Two assets were up for sale at the bidding event, one consisting of one billion standard cubic feet of helium.
The other asset up for grabs was made up of real property assets, including the Cliffside Gas Field Facility, a 423-mile-long crude helium pipeline, the Satanta, Kansas Maintenance Station, 800 million standard cubic feet of crude helium, 23 natural gas wells, plus the native natural gas and crude helium remaining in the Cliffside Field.
Gasworld understands that Messer was the only bidder for the first asset, offering $21m. The second lot of assets was bid for by both Messer and Lazarus Energy Holdings. Messer is thought to have placed a bid of $35,335,000, and Lazarus Energy Holdings placed a bid of $30,100,000.
Messer had already been operating the Crude Helium Enrichment Unit (CHEU), successfully delivering one billion standard feet of helium through a temporary agreement with the federal government in April 2022.
https://www.gasworld.com/story/messer-confirms-itself-as-highest-bidder-in-us-federal-helium-reserve-sale/2133602.article/