HELI.V GENERATING REVENUE TSXV: HELI OTCQB: FHELF FRA: 2MC
Receives $1.2 Million for Oil Deliveries in June
Based on preliminary "FEED" (Front End Engineering Design) study work that commenced in the Spring of 2021, First Helium has now completed the FEED study of a larger scale helium processing facility which can be applied to meet the immediate timing requirements of its 15-25 single well helium processing facility at Worsley. The Company is currently in the process of securing helium gas off-take sales arrangements to help support the financing, fabrication, installation and commissioning of a single well helium gas processing facility for 15-25, planned to commence later this year.