Blue Star Helium (AU:BNL) has released an update.
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Blue Star Helium Limited has secured an option agreement to acquire helium assets in Colorado, including the Great Plains field and the Kregel well, which offer strategic advantages due to existing infrastructure and proximity to processing facilities. The company’s plan to leverage these assets promises a capex-lite development with quick production timelines, enhancing its position in the helium market. This move aligns with Blue Star’s strategy to expand its helium production capability in the U.S., complementing its current projects.
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