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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 forwardflashon Nov 23, 2022 12:36pm
152 Views
Post# 35122382

RE:RE:another nothing burger press release

RE:RE:another nothing burger press releaseIt's a nothing burger, I knew as most did they had choked back production, and the reason why, we also knew the implications of the disposal well.  But that doesn't mean there hasn't been a natural decline also.  And since they didn't say what their income and expences are there isn't any way to gauge the financial state of the company. They know and could have told investors how much the wells are producing now,  how much they expect to increase production after the disposal well comes on line, and how much money they expect to save. 
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