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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 12groundpounderon Jul 13, 2022 9:15pm
169 Views
Post# 34822615

RE:Very Bullish

RE:Very BullishApparently they were very good at picking out the slave point reefs which are absolutely prolific  in the oil area which others missed in the past. However even more prolific are the 20bcf to 46 bcf at1% helium . Europe is now paying $500 US oil equivalent for LNG. Kitimat as it approaches the LNG facility should really spike natural gas prices since there's been a lack of drilling over the last seven years. Lots of room in the pipelines. For a small company with Earning 17 million going to 30 million to be exposed to an extremely high impact area like Worsley it's totally insane. I believe we're in the catbird seat. We could rise many times the present price just based on the prolific reservoirs in the area .If right off  next week here we hit 20bcf We will be off and running. That could be worth more than 10 times the drilling cost of the well .
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