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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 culturedpiggy01on Apr 12, 2022 6:28pm
197 Views
Post# 34598523

$HELI.v | updates on production at 1-30

$HELI.v | updates on production at 1-30

was reading up on $HELI.v ‘s discovery well 1-30 and their production stats seem to be consistent at ~430 bbl/d. They’ve recovered cost of drilling & completion of 1-30 well so it’ll probably trigger govt royalties to increase going forward https://www.firsthelium.com/about-us/

As production levels, pricing, and calculated royalties dictate the net revenue going forward, their most recent net revenue may vary from first month. Although higher oil prices may help offset that effect. I’m expecting further updates on 1-30 soon as we enter the post payout production phase

td, $HELI.v @ $0.71 MC $51.53 M

 

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