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First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. is a Canada-based independent provider of helium gas in North America. The Company is exploring and developing a premier helium project in Alberta, Canada. The Company's Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 53,000 acres with multi-commodity exposure to helium, as well as oil, natural gas liquids (NGLs) and natural gas. Its targets are located on trend and adjacent to past producing helium-enriched natural gas pools and light oil wells.


TSXV:HELI - Post by User

Post by SkywalkerofLukeon Sep 02, 2021 7:14pm
151 Views
Post# 33807625

$HELI Recent News

$HELI Recent News

In case you missed it $HELI recently announced that it has completed a preliminary engineering study of the infrastructure requirements to bring its Worsley discovery well into production. Study provides $HELI with a range of modular and operationally-flexible processing designs to bring the Worsley Well, along with future expansion wells, on-stream.


$HELI will use the results of this evaluation to finalize its processing strategy. As well, the company will be working to secure complementary off-take sales arrangements for its helium gas production. $HELI expects that the processing facility would be on-stream within nine to 15 months. 


CEO of $HELI commented, "The independent evaluation only considered a small portion of our over 32,000-hectare land base at Worsley, so we are excited to kick off our 3–well drilling program adjacent to the discovery well this fall.”


$HELI currently up 2.3% looking primed up for a great 4th quarter.


https://www.newswire.ca/news-releases/first-helium-completes-preliminary-engineering-study-of-infrastructure-required-to-bring-worsley-property-into-production-814932165.html

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