Core Insights - Pulsar Helium Inc. has reported significant improvements in natural flow rates at the Jetstream 1 appraisal well, with current rates exceeding three times those recorded in 2024, indicating enhanced well performance and reservoir productivity [1][3][4] Test Results and Analysis - The Jetstream 1 well achieved a peak natural flow rate of approximately 501 thousand cubic feet per day (Mcf/d) during testing on August 15, 2025, compared to a peak of around 150 Mcf/d in April 2024, showcasing a more than threefold increase under similar pressure conditions [4][6] - The well demonstrated stable long-duration flows, producing between 150 and 300 Mcf/d for 12 to 18 hours, with rapid pressure recovery, indicating strong reservoir recharge capacity [5][6] - No formation water was encountered during the tests, and the gas flowed as dry gas, further validating the well's productivity [6] Significance and Next Steps - The results from Jetstream 1 confirm the Topaz project as a major helium discovery, positioning it among the top global primary helium projects [6][9] - Additional flow testing, including compression-assisted tests, is planned to further assess the well's maximum capacity and provide data for future production facility design [7][8] - The Jetstream 2 appraisal well has also been drilled, reaching a total depth of 5,638 feet, and will undergo similar testing [9] About the Topaz Project - The Topaz project is located in northern Minnesota, where Pulsar Helium Inc. is the first mover, holding exclusive leases [9][13] - The project has identified helium concentrations significantly above the economic threshold, with previous tests showing concentrations up to 14.5% [9]
Pulsar Helium Announces Major Flow Test Results at Jetstream #1, Topaz Project
Globenewswire·2025-08-18 06:00