Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:HELI - Post Discussion

First Helium Inc > This is ( Total Helium's ) N/R 5 minutes ago as a reference
View:
Post by minigoon on Mar 15, 2022 12:14am

This is ( Total Helium's ) N/R 5 minutes ago as a reference

During the dewatering process, the helium and methane amount has been steadily increasing from a beginning rate of 20 Mcfpd to its current rate of 300 Mcfpd. As the reservoir continues to dewater, the rate is expected to significantly increase in line with Total Helium's initial expectations and reservoir modelling.

Log analysis shows a total pay thickness of 143 feet with good porosity and permeability. Gas analysis from the well shows 0.58% helium and 61.01% methane concentrations alongside 3.09 gallons per mcf of natural gas liquids present in the gas stream. The produced helium and methane are currently being sold at advantageous prices, $212/Mcf for helium and current spot prices of $5.00+/Mcf for methane and $1.30+/gallon for propane.

Comment by forwardflash on Mar 15, 2022 11:20am
Tks, the PR isn't on Yahoo Finance or Stockhouse, could you post the link.
Comment by minigoon on Mar 15, 2022 11:44am
  Total Helium begins first helium, methane sales   2022-03-15 02:47 ET - News Release   Mr. Robert Price reports TOTAL HELIUM ANNOUNCES FIRST SALES OF HELIUM AND METHANE Total Helium Ltd. has started its first helium and methane sales, and has provided further updates on its operations at its project in western Kansas, where it aims to extend the Hugoton gas field ...more