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Blue Star Helium ( (AU:BNL) ) has provided an announcement.
Blue Star Helium Limited announced promising results from the Jackson 2 well at its Galactica project in Colorado, with natural flow rates increasing to over 250 Mcfd and helium concentrations reaching up to 1.22%. These findings are significant for the company’s development plans as they indicate high-quality gas saturation and strong reservoir potential, which will support further drilling and optimization efforts in the region.
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. Its primary market focus is on the production and supply of helium, a critical component for various industrial applications.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.17M
For an in-depth examination of BNL stock, go to TipRanks’ Stock Analysis page.