Global Helium Corp. Announces Positive Indications Following Preliminary Testing of First Helium Well and Provides Corporate Update
The gas composition of the 09-04 well contained 1.1% Helium, 94.4% Nitrogen and 3.4% Methane, with the balance comprised of fractional percentages of minor component gases.
- The gas composition of the 09-04 well contained 1.1% Helium, 94.4% Nitrogen and 3.4% Methane, with the balance comprised of fractional percentages of minor component gases.
- Since helium concentrations between 0.3% - 0.5% are deemed commercially viable, HECO’s 1.1% helium concentration in this well represents a meaningful step along the Company’s journey to scalable helium production.
- The second well will also trigger the option to lease agreement as previously announced on January 10, 2023 .
- He has led various finance functions in both private and public company environments including Tundra Oil and Gas and Kingston Midstream.