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First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. (First Helium) is a Canada-based helium exploration and development company with properties in Northern and Southern Alberta. The Company is focused on exploring and developing two helium projects in Alberta, Canada. The Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 60,000 acres. It holds First Helium's helium discovery well and two oil wells. The Southern Alberta Helium Fairway Project (Lethbridge) covers over 276,000 acres. Over 60% of First Helium's acreage has three-dimensional (3D) seismic coverage for identifying subsurface structures and closure necessary for trapping helium.


TSXV:HELI - Post by User

Post by forwardflashon Mar 11, 2022 12:33pm
131 Views
Post# 34507026

15-25

15-2515-25 well tested 65% Ng, 2mmcf/d of raw gas at over 1.3% of helium content over multiple, long-duration test period.  I wonder what the other 34% gasses are.  Don't kinow what Ng or Helium is worth from the Worsley, since they tied it into gathering infrastructure, I'd guess its profitable enough.  Messing around the internet I get figures like Helium worth $86 per thoussand cubic feet.  Looks very promising.  
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