Helix Exploration Plc (GB:HEX) has released an update.
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Helix Exploration Plc has reported significant helium gas-shows in the Amsden and Charles formations within the ‘Montana Helium Fairway’, indicating the presence of helium during drilling operations. The company is currently drilling towards the primary target in the Flathead formation, with the Clink #1 well showing promising results thus far. The findings are a positive sign for potential helium extraction, though further testing is required to assess commercial viability.
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