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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 Charts1on Jan 10, 2023 9:21am
146 Views
Post# 35213033

HELI.V PRODUCTION GOING UP .

HELI.V PRODUCTION GOING UP .We are very pleased to receive regulatory authorization to begin water disposal operations at our Worsley Oil Battery which will result in increased oil production and cash flow," said Ed Bereznicki, President & Chief Executive Officer of First Helium. "Completed late last quarter, the water disposal project will enable First Helium to optimally produce its 1-30 and 4-29 oil wells, resulting in increased oil production and low operating costs by eliminating the need to haul produced water to third-party water disposal facilities," added Mr. Bereznicki.
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