Blue Star Helium ( (AU:BNL) ) has issued an update.
Blue Star Helium has successfully drilled the intermediate section of the Jackson 31 development well at its Galactica project in Colorado. The company is progressing with casing and cementing, and plans to conduct further testing and complete the well for production, which could enhance its position in the helium market.
More about Blue Star Helium
Blue Star Helium Ltd is an independent helium exploration company headquartered in Australia, with operations in North America. The company’s strategy focuses on discovering and developing new supplies of low-cost, high-grade helium, a critical industrial gas used in various high-tech applications.
YTD Price Performance: -12.50%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.26M
Learn more about BNL stock on TipRanks’ Stock Analysis page.
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