Helium One Global Ltd - Jackson-29 Well Drilled to TD & Free Gas Confirmed
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Helium One Global, in partnership with Blue Star Helium, has successfully drilled the Jackson-29 well in Colorado, confirming free gas and encountering 61ft of high-quality, gas-saturated sands in the Upper Lyons Sandstone Formation. The well showed strong natural flow, no water encountered, and samples are being analyzed for helium and CO2 concentrations. This development is part of the broader Galactica/Pegasus project, which has multiple potential product streams and promising helium production potential.
April 10, 2025 | 6:15 am
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Successful drilling of Jackson-29 well demonstrates progress in helium exploration and potential production capabilities
Successful well drilling with confirmed gas flow and high-quality sandstone indicates positive progress for the company's helium exploration efforts
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100