Welcome to our dedicated page for Pulsar Helium news (Ticker: PSRHF), a resource for investors and traders seeking the latest updates and insights on Pulsar Helium stock.
Pulsar Helium Inc. (PSRHF) drives innovation in primary helium exploration, developing high-grade resources for critical technology sectors. This page aggregates official announcements and verified updates about the company's North American and Greenland operations.
Investors and industry observers will find detailed reporting on drilling results, seismic survey analyses, and project development milestones. Key updates include resource evaluations from the Topaz (Minnesota) and Tunu (Greenland) projects, strategic partnerships, and operational advancements in sustainable helium extraction.
Our curated news collection enables efficient tracking of technical developments, regulatory progress, and market positioning. Regular updates provide insights into exploration techniques like optical televiewer imaging and gas chromatography that validate Pulsar's resource estimates.
Bookmark this page for structured access to PSRHF's evolving story in the helium sector, including land acquisition updates, drilling contract details, and strategic initiatives shaping non-hydrocarbon helium production.
Pulsar Helium Inc. has announced further positive results from its exploration at the Topaz project in Minnesota. The Jetstream #1 appraisal well has shown exceptional flow rates of up to 821,000 cubic feet per day and helium grades between 8.7% and 14.5%. Bottom hole pressure was recorded at 162 psi with a 70% pressure rebound within the first hour post-flow shut-in, indicating significant gas volumes. These results confirm Jetstream #1 as a world-class helium well. Pulsar plans further seismic surveys and drilling activities, including deepening Jetstream #1 and drilling step-out wells, with a resource update expected in July 2024.
Pulsar Helium has announced the successful completion of the logging, completion, and flow testing activities at Jetstream #1, their appraisal well at the Topaz helium project in Minnesota. The well yielded significant helium flow, with concentrations between 8.7% to 14.5% and a peak flow rate of 821 Mcf/d. CO2 concentrations exceeded 70%, which could positively impact project economics. Data collected includes Vertical Seismic Profile (VSP) and wireline optical televiewer results. Future plans involve deepening Jetstream #1, drilling a nearby step-out well, and conducting a 3D seismic survey to better define the resource. The data will be analyzed by Sproule for an updated resource estimate and future project planning.
Pulsar Helium Inc. (TSXV:PLSR, OTCQB:PSRHF) has announced new legislation in Minnesota enabling helium exploration and production on state lands. The legislation, effective May 22, 2024, follows Pulsar's advances at their Topaz helium project, where the Jetstream #1 well recorded a 13.8% helium flow.
This new regulatory framework allows the issuance of leases for non-hydrocarbon gases, including helium. Pulsar has already applied for new leases in targeted areas. Prior to this, leases were only available on privately held mineral rights. Permitting processes for helium production will be managed through a temporary framework until final rules are established.
By January 15, 2025, the Minnesota Department of Natural Resources will recommend legislative changes to support non-hydrocarbon gas exploration and production. Pulsar plans to expedite development at Topaz and broaden its operations in Minnesota, with CEO Thomas Abraham-James expressing gratitude for the state's support.
Pulsar Helium announced the start of additional well works at the Jetstream #1 appraisal well in their Topaz helium project, Minnesota. The operations will be conducted in three phases over two weeks, starting with downhole data acquisitions. The second phase involves wellhead and wellbore work and concludes with flow testing and pressure build-up. This activity aims to enhance the project's value and advance the company's helium extraction capabilities.
Pulsar Helium Inc. announces the end of Spring road restrictions at the Topaz Project, allowing the resumption of field operations at the Jetstream #1 appraisal well. The Company is prepared to conduct road improvements, civil works, down-hole logging, well completion, and flow testing. Contracts are in place, vendors and equipment secured. The well reached a depth of 2,200 feet with helium concentrations of up to 13.8%. CEO Thomas Abraham-James expressed excitement for the data and future updates.
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