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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 Wheels54on Nov 21, 2022 10:27am
148 Views
Post# 35115178

RE:RE:New corp presentation on website

RE:RE:New corp presentation on website I agree, it's good they took some time to update the site, update their investor deck and provide updates numbers with the current helium pricing. A little communication goes a long way. There is a note about the water disposal still pending approval and no mention of oil revenues so hopefully the NR clarifies all of this and ideally the apparent production flows, if in fact reduced, are due to a production decision rather then a substantial decline. As for a partner or being bought out, perhaps it's the best way to provide the resources needed to get the potential here really going. They will need funds and unless somebody provides an attractive off take deal it seems this is the only option. Hopefully they follow up with a more detailed NR and a more detailed update on the oil operations and plan moving forward. Still in much better shape then most the other HE players in Canada IMO. GLTA
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