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Blue Star Helium ( (AU:BNL) ) has shared an update.
Blue Star Helium Limited has completed flow testing at its Aloha Mula 12 well in Lincoln County, Colorado, demonstrating strong well performance with a constrained flow rate of 3,000 Mcfd and a helium concentration of 1.41%. These results are expected to influence the development and commercial decisions for the Lincoln County project, with broader industry interest in participating in the venture.
More about Blue Star Helium
Blue Star Helium Limited is a company focused on the exploration and development of helium resources. It operates in the North American market, particularly in Colorado, where it holds strategic helium acquisition options. The company aims to expand its helium resource base and leverage its technical expertise to become a significant helium producer.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.17M
Find detailed analytics on BNL stock on TipRanks’ Stock Analysis page.