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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

Comment by uogradon Apr 01, 2022 2:56pm
169 Views
Post# 34568261

RE:RE:RE:Comark increases price target of First Helium from 65c to $2

RE:RE:RE:Comark increases price target of First Helium from 65c to $2unlikely the well will be on early.  I suspect there are pretty serious access issues to that well that will require the ground to be frozen next fall before serious work will begin.

the two oil wells seem to have good rood access and although there will likely be road allowance weight issues for the next few weeks half loads of oil at 100 bucks plus is still a beautiful thing.

For those wondering in the oil patch in alberta you market your oil through a broker let's say it is nexen.

They sell your oil and withhold the royalties which is actual physical oil to go to the province not cash.  They then pay you the net oil amount in cash on the 27th of the following month so on march 27 they got paid for february.

I am assuming this is crown land.  It is a slick system and the 27th is alway a beautiful day.
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