FIRST HELIUM INC - $FHELF STOCK NEWS

Welcome to our dedicated page for FIRST HELIUM news (Ticker: $FHELF), a resource for investors and traders seeking the latest updates and insights on FIRST HELIUM stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FIRST HELIUM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FIRST HELIUM's position in the market.

11/10/2023 04:05 PM

News

First Helium Announces Clarification to Previous News Release

Rhea-AI Summary

First Helium Inc. (TSXV: HELI) (OTCQX: FHELF) (FSE: 2MC) Clarifies Helium Value and Revenue Estimates: The company clarifies estimates of helium value and revenue potential from natural gas pools containing helium in Alberta. Management estimates the value of helium produced from a single pool at $US 230 million, and potential total annual revenue exceeding $100 million within five years from a successful ten-well program targeting natural gas with helium content.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

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11/08/2023 08:30 AM

News

First Helium Prepares Pipeline System for Activation

Rhea-AI Summary

First Helium Inc. (HELI) finalizes plans for a horizontal helium target well, including pipeline infrastructure preparations and the completion plan for a well drilled in August 2022. The company aims to bring its gas gathering pipeline into service and install a helium processing facility in 2024. Successful completion of the well will confirm a scalable regional play and deliver additional volumes under its supply agreement. The company targets natural gas pools containing helium, with the potential to generate substantial revenue. The project is expected to provide a low decline, long life stream of natural gas production with helium content and natural gas liquids.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

7.74%

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10/26/2023 07:30 AM

News

First Helium Oil Production Surpasses 100,000 Barrel Milestone

Rhea-AI Summary

First Helium Inc. announces that its two oil wells have cumulatively produced over 105,000 barrels of oil, generating $12.5 million in revenue. The company is prioritizing additional drilling targets for oil, natural gas, and helium.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-4.39%

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10/04/2023 09:00 AM

News

First Helium Provides Corporate Update

Rhea-AI Summary

First Helium prioritizes oil targets and finalizes helium processing facility design and vendor list. Plans to accelerate development of lower risk oil opportunities for additional production and cash flow. Completes design work on Production Facility and secures key equipment vendors. Evaluating financing alternatives. 100% success rate in drilling oil and helium wells. Identifies recompletion and drill targets for potential value and cash flow. Clarifies Investor Relations Agreement details.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

2.52%

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