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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 08, 2022 2:22pm
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Post# 34879456

HELI.v up 6.52% so far today

HELI.v up 6.52% so far todayHELI.v in the green today @ $0.49 (+6.52%). Last week the company announced some great news that they've added 505,100 barrels of light oil reserves at Worsley. These reserves also have an NPV of $24.6M.

These oil reserves provide further financial flexibility for HELI.v and will allow them to continue thoroughly exploring and developing their projects. The company also continues to raise cash through the sale of oil volumes - $1.2M revenue received for oil volumes delivered in June.

https://ca.finance.yahoo.com/news/first-helium-adds-over-500-130000836.html
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