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Blue Star Helium ( (AU:BNL) ) has shared an announcement.
Blue Star Helium Limited has announced promising initial results from the Jackson 27 well at its Galactica helium project in Colorado. The well has shown strong natural flow rates, increasing to over 320 Mcfd, with a projected stabilization between 350 to 450 Mcfd. The helium concentration in early samples is up to 0.41%, with a significant CO2 presence. These results are crucial for defining future development in the eastern flank of the Galactica project, potentially enhancing the company’s resource base and production capabilities.
More about Blue Star Helium
Blue Star Helium Limited is a company operating in the helium industry, focusing on the exploration and development of helium resources. The company is involved in projects that aim to extract helium and CO2, with a market focus on leveraging these gases for various industrial applications.
YTD Price Performance: 40.0%
Average Trading Volume: 49,262
Technical Sentiment Signal: Strong Buy
Current Market Cap: $13.86M
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