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Blue Star Helium ( (AU:BNL) ) has issued an announcement.
Blue Star Helium Limited has commenced drilling the Jackson 27 well at its Galactica helium project in Las Animas County, Colorado. This development is part of the larger Galactica/Pegasus project, which was discovered in 2022 and is being advanced in collaboration with Helium One Global Ltd. The project aims to tap into multiple potential product streams, with the Jackson 27 well expected to be completed and connected to production facilities. The adjacent Red Rocks helium project further supports the commercialization efforts of the Galactica project.
More about Blue Star Helium
Blue Star Helium Ltd (ASX:BNL, OTC:BSNLF) is an independent helium exploration company with operations and exploration in North America. The company focuses on discovering and developing new supplies of low-cost, high-grade helium.
Average Trading Volume: 56,157
Technical Sentiment Signal: Strong Buy
Current Market Cap: $13.65M
Learn more about BNL stock on TipRanks’ Stock Analysis page.