Story spreading with lots of coverageIncluding good news on regulatory side with new Minnesota legislation. Meanwhile flow testing has been on-going for 5 days (started Wednesday May 23) and should be complete with some results released in about 10 more days.
Essentially same story as other reports but it is getting disseminated pretty widely. As stated we should know more in 10 days. The helium concentration is certainly very high (mind boggling world record). The downhole pressure may not be that high (??) but the well bore is dry so no 2000 foot column of liquid contributing to that measurement. The well certainly flows to surface readily. (roars is the description). The only uncertainty is how wide of an area of the reservoir is drained by the micro fractures that are the basis for the flow. One positive is that the 2011 mineral rig drill flowed open hole for 5 days without any apparent decrease. Until it could be plugged and abandoned.
https://stockhouse.com/news/the-market-online-news/2024/05/24/junior-helium-stock-to-benefit-from-new-legislation-u-s