First Helium Inc. (HELI.V)
- CNW Group
First Helium Receives $1.2 Million For April Oil Production Deliveries
First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it has received $1.2 million for light oil volumes that the Company delivered for sale during the month of April. Cash flow from the light oil sales will continue to be deployed to help fund the Company's ongoing helium exploration and development activities at its 100% owned Worsley Property, and the Southern Alberta (Lethbridge) Lands.
- CNW Group
First Helium to Drill Two Helium Targets at Worsley in Late Q2
First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it plans to drill two prospective helium targets commencing late Q2 at its 100% owned, 79,000 acre Worsley Property in Alberta, Canada. The wells will target potential natural gas accumulations which are expected to contain commercial quantities of helium gas along with natural gas. Based on associated historic oil & gas drilling and operating data, helium content ranges from 0.5% to
- CNW Group
"4-29" Well Brought On-Stream In April
First Helium Inc. ("First Helium" or the "Company") (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC), today announced that it brought the 4-29 light oil well into production on April 8th, 2022. During the month, the Company produced the well at an average daily rate of 144 barrels per day ('bbl/d") of 36 degree light oil, with an average oil cut of 50%. On a combined basis, it is expected that the 1-30 and 4-29 wells will provide net revenue to the Company of approximately $1.4 million for the month of Ap
