Pulsar Helium Announces Update for Jetstream Well Testing Program at Topaz, Minnesota

Core Viewpoint - Pulsar Helium Inc. is set to commence a well clean-up and flow testing program for its Jetstream 1 and 2 wells at the Topaz Project in Minnesota, aiming to enhance production potential and provide significant data insights [1][5]. Well Testing Program - The initial phase involves a clean-up to remove drill fines from the wellbore, which is crucial for effective testing [2]. - The clean-up will utilize coil tubing from a truck-mounted unit, avoiding the need for a drill rig, and will involve a treatment of water, nitrogen, and NSF 60 compliant additives [3]. Testing Phases - After the clean-up, pressure and flow testing will be conducted on both wells, with laboratory samples collected for analysis. Results will be shared with the market as they are verified [4]. Project Details - The Topaz Project is located in northern Minnesota, where Pulsar holds exclusive leases. The Jetstream 1 well has reached a total depth of 5,100 feet (1,555 meters) and has shown helium concentrations of up to 14.5%, significantly above the economic threshold of 0.3% [6]. - The Jetstream 2 well was completed at a total depth of 5,638 feet (1,718 meters), marking a critical step in addressing the growing global demand for helium [6].