on Pulsar Helium Inc. (isin : CA7459321039)
Pulsar Helium Inc. Announces Groundbreaking Helium Content from Jetstream #1 Well
Pulsar Helium Inc. revealed its receipt of gas analysis results from the Jetstream #1 appraisal well at the Topaz project, noting helium concentrations up to 13.8%. This data from lab analyses at Isotech Laboratories, Inc and Smart Gas Sciences LLC supports the potential high-value helium source at the Minnesota project. The finding, according to Dr Peter Barry of Woods Hole Oceanographic Institution, points to a significant helium estimate even after accounting for atmospheric contamination.
Cliff Cain, CEO of Edelgas Group, highlighted the result as the highest helium concentration compared to global occurrences, marking a significant milestone for Pulsar. The appraisal well, which reached a depth of 2,200 feet, had previously reported up to 12.4% helium through on-site analysis. The 13.8% concentration, deemed more accurate, underlines the project's potential. Pulsar also awaits additional data, including petrophysical interpretations and results from a delayed flow-testing and pressure build-up program due to early Spring Load Restrictions.
R. P.
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