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First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

Energy Oil & Gas E&P
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

First Helium Inc
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Post by Stockydocon Aug 04, 2022 3:13pm
146 Views
Post# 34871905

HELI adds 500k barrels of oil

HELI adds 500k barrels of oilGreat news from HELI the other day, here's some info:

- HELI.v adds over 500,000 barrels of total proved + probable light oil reserves at Worsley
- Corresponding NPV 10% of $24.6M
- Also received revenue of $1.2M in late July for oil deliveries in June
- Received $0.7M for oil volumes that the company delivered for sale during May

Check out the news release for more: https://ca.finance.yahoo.com/news/first-helium-adds-over-500-130000836.html
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