Pulsar Helium Reports Pressurised Gas Encounter at Jetstream #5 and Down-Hole Testing Conducted at Jetstream #3 and #4

Core Viewpoint - Pulsar Helium Inc. has successfully encountered pressurized gas zones in its Jetstream 5 appraisal well at the Topaz Project, reinforcing confidence in the helium-rich reservoir's extent and potential [3][5][7]. Drilling Operations - Jetstream 5 is located approximately 1.8 miles (3 kilometers) northeast of the discovery well, extending the appraisal footprint [7]. - Gas was encountered at depths of approximately 837 feet (255 meters) and 1,481 feet (451 meters), with a preliminary bottom-hole pressure of ~662 psi, indicating a strongly pressurized system [7][8]. - Continuous HQ core drilling is being utilized to maximize geological sample recovery, with operations ongoing 24 hours a day [9]. Success Rate - All five Jetstream appraisal wells drilled to date have encountered pressurized gas, achieving a 100% success rate, which underscores the continuity of the helium-bearing reservoir [7][9]. Well-Testing and Data Collection - Well-testing has been conducted at Jetstream 3 and 4, with data collected for interpretation, including formation microresistivity imaging and other logging techniques [11][12]. - The next phase of appraisal work will include flow testing and gas sample collection for laboratory analysis, expected to occur in January 2026 [12]. Project Overview - The Topaz Project is located in northern Minnesota, where Pulsar holds exclusive leases and is the first mover in helium exploration [13]. - Previous wells at Topaz have confirmed high helium concentrations, averaging 8.1% in Jetstream 1 and 5.6% in Jetstream 2, indicating a high-quality helium resource [13].