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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 Stockydocon Aug 04, 2022 3:13pm
159 Views
Post# 34871905

HELI adds 500k barrels of oil

HELI adds 500k barrels of oilGreat news from HELI the other day, here's some info:

- HELI.v adds over 500,000 barrels of total proved + probable light oil reserves at Worsley
- Corresponding NPV 10% of $24.6M
- Also received revenue of $1.2M in late July for oil deliveries in June
- Received $0.7M for oil volumes that the company delivered for sale during May

Check out the news release for more: https://ca.finance.yahoo.com/news/first-helium-adds-over-500-130000836.html
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