$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