Pulsar Helium Reports Additional High-Pressure Gas Encounter at Jetstream #5 and Outlines Upcoming Testing Program

Core Viewpoint - Pulsar Helium Inc. has reported significant progress in its Jetstream 5 appraisal well at the Topaz Project, encountering a new high-pressure gas influx, indicating a robust helium-rich gas reservoir [3][6][11]. Group 1: Jetstream 5 Update - The Jetstream 5 well has encountered pressurized gas at multiple depths: 837 feet (255 meters), 1,481 feet (451 meters), and a new influx at 2,857 feet (871 meters) with a bottom-hole pressure of approximately 1,292 psi, the highest recorded at Topaz [3][6][7]. - Drilling operations for Jetstream 5 are ongoing, targeting a total depth of up to 5,000 feet (1,524 meters) [8][9]. Group 2: Future Plans - After completing Jetstream 5, the drilling rig will move to the next well, Jetstream 6, located approximately 2.2 kilometers southwest of the discovery well [4][9]. - A multi-well flow testing program is set to begin in early February 2026, which will include flow testing and pressure build-ups for Jetstream wells 3, 4, and 5, with a six-week testing period expected for each well [10][11]. Group 3: About the Topaz Project - The Topaz Project, located in northern Minnesota, is a primary helium discovery with exclusive leases held by Pulsar, containing helium-4, helium-3, and CO2 [11][12]. - The ongoing appraisal program aims to map the reservoir's extent, pressure regime, and gas composition, which will inform future resource estimation and development planning [11].