News One of my top helium picks HELI.v FHELF is up 7.2% today as they announced they added over 500,000 Barrels of Total Proved + Probable Light Oil Reserves at the Worsley Property.
They also announced they received revenue of approximately $1.2M in late July for oil volumes that HELI delivered for sale during June.
HELI intends to deploy ongoing cash flow from its oil production to help fund further exploration on its Worsley property and Southern Alberta Lands. CEO mentioned that “these opportunities represent significant potential growth for First Helium shareholders beyond established asset value.”
https://www.newswire.ca/news-releases/first-helium-adds-over-500-000-barrels-of-total-proved-probable-light-oil-reserves-at-worsley-871668077.html