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Helium Evolution Incorporated ( (TSE:HEVI) ) has provided an announcement.
Helium Evolution Incorporated announced promising results from their 10-1 Well in southern Saskatchewan, which successfully flow tested at 9.5 million standard cubic feet per day. The post-flow pressure transient analysis indicated a potentially large and productive reservoir, with supportive findings on gas composition and pressure communication between wells, thereby enhancing the company’s confidence in its expansion efforts. Helium Evolution is also set to participate in additional drilling activities in partnership with North American Helium Inc., including the upcoming 12-29 Well, to further develop its helium assets.
More about Helium Evolution Incorporated
Helium Evolution Incorporated is a Canadian-based helium exploration company that focuses on developing assets in southern Saskatchewan. The company is engaged in the exploration and advancement of helium-rich resources, catering to the growing demand for this niche but essential gas.
YTD Price Performance: 36.36%
Average Trading Volume: 73,284
Technical Sentiment Consensus Rating: Sell
See more data about HEVI stock on TipRanks’ Stock Analysis page.
