$HELI.v Hitting New Highs And Climbing First Helium (TSXV: HELI) is hitting new highs after the company announced light oil discovery at the 4-29 well on its Worsley property.
The 4-29 well is flowing at around 467 barrels per day, essentially doubling $HELI.v’s current production rate. The well will be brought into full production in early Q2. Updates and announcements on production should provide some healthy catalysts to push shares into even higher prices.
Shares made a strong recovery on this news, jumping up 40% from the dip, reaching new highs of $.67. $HELI.v is currently valued at $45.15M.
https://ceo.ca/@newswire/first-helium-announces-4-29-light-oil-discovery-at