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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 uogradon Apr 27, 2022 12:16pm
191 Views
Post# 34635919

so well 1-30 cashflow to date approx $2.78 million

so well 1-30 cashflow to date approx $2.78 millionhad to do  a little detective work but here are the numbers,

december flow test 1200 barrels at 80 bucks or so so let's say 100K

january production 6-8 days because of conflicting press releases but number was $280l

feb production 28 days $1,200,000 low royalty 430 bopd or so

march production 31 days $1,200,000 royalty starting to go higher still 430 bopd which is excellent

Some interesting points is that it flow tested 400 bopd and has produced at 430 bopd so far

second well flow tested at 465bopd so god willing we could see a production number over 500 bopd

oil prices about 20-30 higher than when first well began production

these are real numbers boys and girls and they are a beautiful thing.
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