Bullboard - Stock Discussion Forum 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... see more

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First Helium Inc > HELI.V GENERATING REVENUE

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Post by Charts1 on Dec 20, 2022 11:42am

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.