D3 Energy CEO David Casey joined Steve Darling from Proactive’s OTC studio in New York City to provide an update on the company’s helium and natural gas portfolio, focusing on its flagship asset in South Africa and growth plans for 2026.

Casey described D3 Energy as a helium and natural gas company with two core projects: a foundational asset in South Africa and a second project in South Australia targeting helium, hydrogen, and natural gas. He highlighted the uniqueness of the South African asset, noting its location on an ancient impact crater system that concentrated uranium—“uranium is the only thing that creates helium”—resulting in a regenerating helium and biogenic natural gas system. Casey called it “without doubt one of the most unique assets I’ve ever been involved with.”

The company is building on strong momentum from the past year, during which it booked its maiden reserve approximately 15 months after listing. Casey said the current drilling program is expected to expand resources and reserves further and potentially enable reserve upgrades.

D3 Energy is also actively pursuing a strategic partner for its South Australia asset and advancing discussions with its largest shareholder in South Africa. The company anticipates announcing a natural gas offtake agreement in the near term, which would support both operational growth and commercial validation.

Addressing market fundamentals, Casey emphasized the growing demand for helium, particularly in the semiconductor industry, describing helium as “a 21st century critical mineral.” He also highlighted the importance of U.S. investor engagement, noting that the company’s OTC listing has helped expand its U.S. shareholder base and increased exposure to North American capital markets.

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