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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

Comment by minigoonon Feb 24, 2023 11:41am
139 Views
Post# 35303503

RE:First Quarter 23

RE:First Quarter 23 Its fine the company has their own disposal well, since they are using the well to dispose the water and cutting costs, they are still having to truck it as i assume they never went back and flow lined from each well to the actual water disposal well ( that would even cut cost a lot more ). That does mean a lot of trucking. I mentioned a year ago, they better make sure the lease roads to these locations have proper road compaction as spring break up will cease all production, this is assuming there are no flow lines to the disposal well.
 They've had 2 months to come out with a stable number that they can porduce at. I had said 300 boe would be nice 2 or 3 months ago, at this point, over 200 boe would be nice. 
 
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