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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 culturedpiggy01on May 10, 2022 7:01pm
198 Views
Post# 34672313

$HELI.v brings 4-29 light oil well into production

$HELI.v brings 4-29 light oil well into production

$HELI.v recently announced that they brought the 4-29 light oil well into production on April 8th, 2022. Since then, $HELI.v produced the well at an avg. daily rate of 144 barrels per day of 36 degree light oil. Details here: https://ca.finance.yahoo.com/news/4-29-well-brought-stream-130000659.html

$HELI.v estimates that the 1-30 & 4-29 wells will provide net revenue of approx. $1.4M for the month of April, which will be received in late May.

td, $HELI.v @ $0.49 MC $35.56 M

 

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