RE:I’ve seen this beforeAgreed. The mantra of "buy the rumour and sell the news" seems to be happening here today. Yes, the concentration is lower than the other holes, but it is still much higher than other He plays and most importantly it is commercially viable.
This hole is estimated to give 1.9 bcf of recoverable He, which is $450,000 crude ($269 mcf) or between $1.1M ($580 mcf) to $4.5M ($2350 mcf) depending on the processed price.
One also cannot dismiss the comments in the NR about how the make of the other gases will reduce the production costs.