First Helium Inc. (TSE:HELI) has released an update.
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First Helium Inc. has announced plans to drill a test well at the Leduc anomaly, aiming to tap into potential oil and helium-enriched natural gas resources. The company is optimistic about generating immediate cash flow and advancing development on its extensive land base. Successful operations could lead to significant follow-up drilling opportunities.
For further insights into TSE:HELI stock, check out TipRanks’ Stock Analysis page.