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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 partystockeron Nov 08, 2021 10:47am
153 Views
Post# 34099658

$HELI announced that they’ve commenced drilling

$HELI announced that they’ve commenced drilling

First Helium $HELI/HELI.V announced today that they’ve commenced drilling of their first exploration well at the Worsley property.

 

Production from this well is expected to be 22 barrels of collected condensate per day to be sold to market. 

 

$HELI is planning on using additional information gathered from testing around the first well, as well as their discovery well, to strategically pursue other drill sites in the area. 

 

Shares of First Helium $HELI.V are currently up 2% today and the charts are showing a possible cup and handle pattern nearing completion. There are definitely a lot of elements to watch here, so I’ll be looking forward to continued news of progress from $HELI as well as some convergence of indicators on the charts. 

 

$HELI is currently trading at $.245 and is valued at $16.07M. 


https://ceo.ca/@newswire/first-helium-commences-drilling-of-first-exploration

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