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Bullboard - Stock Discussion Forum Pulsar Helium Inc V.PLSR

Alternate Symbol(s):  PSRHF

Pulsar Helium Inc. is a Canada-based helium exploration and development company. The Company’s portfolio consists of its flagship Topaz helium project in Minnesota, United States, and the Tunu helium project in Greenland. The Topaz is located in the state of Minnesota, 100 kilometers (km) north of the regional center of Duluth. The Tunu Project consists of a Special Mineral Exploration License ... see more

TSXV:PLSR - Post Discussion

Pulsar Helium Inc > Jetstream #1 testing...
View:
Post by JS4900 on Jun 06, 2024 2:09pm

Jetstream #1 testing...

Obviously the percentage grades are excellent, ...but I find the actual flow rates to be disappointing. I was hoping for more, quite frankly. - jmo
Comment by evilballs on Jun 06, 2024 4:35pm
Can you not stimulate the well with fracking or something? They $2.5M would be an absolute low.  With stimualtion techniques you would think you would recover a much higher amount so the $2.5M thrown about seems to be an absolute low.  They well could be more along  the lines of $15M to $20M per year.  Not the gusher we hoped but economical and given still a decent payback ...more  
Comment by Margin321 on Jun 08, 2024 8:40am
This is not shale. It is hard rock with microfractures and vuggy porosity.  I sm not sure fracking would offer anything. Or that MN would even allow fracking. They do want to deepen the wellbore to the bottom of the green blob of a reservoir. The may want to do 3D seismic first. This is an early inning. But each inning is expensive. And we all had hoped they would hit a grandslam homerun in ...more  
Comment by TakeOffMoneyMan on Jun 06, 2024 6:39pm
Flow rates say maximum flow of 821 Mcf/D. It's only 150 Mcf/D at natural flowing. 
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