Helium One Global Ltd - Jackson-29 Well Drilled to TD & Free Gas Confirmed
Portfolio Pulse from
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
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Successful drilling of Jackson-29 well demonstrates strong potential for helium production in the Galactica Project, potentially boosting investor confidence.
Successful well drilling with confirmed gas flow and high-quality sandstone indicates strong progress in the helium exploration project, which could positively impact the company's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100