RE:New Press Release - Pulsar Announces Further Analysis Putting Topaz in the Top Tier of Global Primary Helium Projects(I posted this on CEO):
This update probably won’t mean a huge amount to people, but it’s still welcome. On the surface, perhaps the biggest news is that they’re planning further drilling and seismic this year (although that might stretch the finances a bit). Of perhaps greater interest to me is that shut-in pressure number of 144 psi. That’s not too bad. The famous Pinta Dome well, which was by far the most productive helium well in U.S. history, had shut-in pressure of 172 psi, so not too different. And, of course, Pulsar are looking to drill deeper, which may help increase the pressure number somewhat. One to watch, I’d say….