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Blue Star Helium ( (AU:BNL) ) has provided an announcement.
Blue Star Helium announced the successful drilling of the intermediate section of the Jackson 4 well at its Galactica project in Colorado. The company is proceeding with casing and cementing, followed by further drilling into the target Lyons formation. This development is a significant step towards completing the well, which, upon successful testing, will be ready for production, potentially enhancing Blue Star’s position in the helium market.
More about Blue Star Helium
Blue Star Helium Ltd (ASX:BNL, OTC:BSNLF) is an independent helium exploration company operating in North America. The company focuses on discovering and developing new supplies of low-cost, high-grade helium, a critical industrial gas used in various high-tech industries such as MRI, semiconductor manufacturing, and space exploration.
Average Trading Volume: 100,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.95M
See more data about BNL stock on TipRanks’ Stock Analysis page.