Core Viewpoint - Pulsar Helium Inc. has successfully relocated drilling equipment to the Jetstream 5 drill pad at its Topaz project in Minnesota, with drilling operations commencing on November 28, 2025, targeting a depth of 5,000 feet (1,524 meters) [3]. Drilling Campaign Highlights - Jetstream 1 well recorded helium-3 concentrations of up to 14.5 parts per billion (ppb) and achieved a natural gas flow rate of 200,000 cubic feet per day during a 7-day test [4]. - Jetstream 2 well encountered high helium concentrations of up to 6.5% and a strong initial shut-in pressure of approximately 151 psi, indicating a highly charged reservoir [5]. - Jetstream 3 well demonstrated strong reservoir pressure with a calculated bottom-hole pressure of approximately 960 psi, indicating a robust gas reservoir [6]. - Jetstream 4 well successfully penetrated the entire interpreted helium-bearing interval, with an estimated bottom-hole pressure of approximately 887 psi [8]. Project Overview - The Topaz project is located in northern Minnesota, where Pulsar is the first mover, holding exclusive leases for helium exploration [9]. - The drilling campaign aims to expand the understanding of the helium reservoir, with previous wells confirming the presence of helium-3 and achieving significant flow rates [9].
Pulsar Helium Commences Drilling of Jetstream #5
Globenewswire·2025-12-03 07:00