First Helium Inc V.HELI

$HELI.v commences drilling second discovery well - "4-29"

[culturedpiggy01]

$HELI.v just recently announced that they’ve commenced drilling a second exploration well, the "4-29", located on $HELI 's 100% owned Worsley landholdings. Targeting multiple helium gas horizons and potential light oil accumulations, drilling of the 4-29 follows the success of 1-30 discovery well, which has produced at an avg rate of aproxx 400 barrels per day of light oil since coming on-stream on Jan 23rd, 2022 https://ca.finance.yahoo.com/news/first-helium-commences-drilling-4-110000963.html

td, $HELI.v trading at $0.40 with market cap at $26.24 M

[forwardflash]

Any idea to when this new well is expected to be completed.  try as I may I was unable to find when the I-30 was spudded, and completed. 

[yureja]

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[HeliumToTheMoon]

Press release that drilling commenced was in Nov 8. The press release announcing oil discovery came out dec 6. Those aren't the actual date of spudding but I would think 28 days is a reasonable guess as to when there will be a press release about the 2 nd wel

[forwardflash]

Tks, I did some more looking and I came up with similar numbers.   

[minigoon]

By next Friday,eight days, we will know by share action, great well if we hit the same oil zone, or just average with the gas /helium hit.