tiprankstipranks
Trending News
More News >

Blue Star Helium Confirms Gas Presence at State 9 Well

Story Highlights
  • Blue Star Helium successfully drilled the State 9 well, confirming gas presence.
  • The well demonstrated strong natural flow, highlighting substantial production capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Blue Star Helium Confirms Gas Presence at State 9 Well

Confident Investing Starts Here:

The latest update is out from Blue Star Helium ( (AU:BNL) ).

Blue Star Helium has successfully drilled the State 9 well at its Galactica helium project in Las Animas County, Colorado, confirming gas presence and achieving a significant milestone in their development campaign. The well demonstrated strong natural flow and penetrated 60 feet of high-quality, gas-saturated Lyons Sandstone, with samples sent for helium and CO2 analysis. The completion of this well marks the final development well in their campaign, highlighting the substantial production capabilities of the Lyons Sandstone and the resource potential within 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.

Technical Sentiment Signal: Sell

Current Market Cap: A$16.17M

For detailed information about BNL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1