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Blue Star Helium ( (AU:BNL) ) has provided an update.
Blue Star Helium has successfully drilled the intermediate section of the Jackson 29 well at its Galactica project in Colorado. The completion of this phase marks a significant step in the company’s drilling program, with plans to proceed to the target Lyons formation. Successful testing and completion of the well could lead to its integration into production facilities, enhancing Blue Star’s helium production capabilities.
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, which is a critical industrial gas used in various high-tech industries such as MRI, semiconductor manufacturing, fibre optics, and space exploration.
YTD Price Performance: 30.0%
Average Trading Volume: 41,250
Technical Sentiment Signal: Strong Buy
Current Market Cap: $13.53M
For detailed information about BNL stock, go to TipRanks’ Stock Analysis page.