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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 StockHawk1on Aug 03, 2022 5:21pm
178 Views
Post# 34869550

HELI made $1.2M in July

HELI made $1.2M in July

Yesterday, First Helium (HELI FHELF) announced that it has received a reserve report that showed that the Total Proved plus Probable gross reserves of oil at its Worsley Property equate to 505,100 barrels of light oil. 


The corresponding Net Present Value of this resource is $24.6M


HELI also shared that it received revenue of ~$1.2M in late July for oil volumes that it delivered for sale during June.


In late June, $HELI also received revenue of ~$0.7M for oil volumes that it delivered for sale during May.


More here:

https://ca.finance.yahoo.com/news/first-helium-adds-over-500-130000836.html


HELI @ $0.48

MC $31.493M

 
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