Pulsar Helium Announces Completion of Jetstream #5 and Mobilization to Commence Jetstream #6 at the Topaz Helium Project, USA

Core Viewpoint - Pulsar Helium Inc. has successfully completed drilling the Jetstream 5 well at its Topaz Project in Minnesota, encountering multiple pressurized gas zones and recording the highest bottom-hole pressure to date at the site, indicating a strong helium resource potential [3][4]. Drilling Progress - The Jetstream 5 well was drilled to a total depth of 3,839 feet (1,170 meters), with significant gas influxes observed at depths of 837 feet (255 meters), 1,481 feet (451 meters), and 2,857 feet (871 meters) [3][4]. - The bottom-hole pressure at 2,857 feet was approximately 1,292 psi, the highest recorded at the Topaz Project [4]. - The drill rig has moved to Jetstream 6, which commenced drilling on January 27, 2026, with a designed total depth of 3,000 feet (914 meters) and the potential to deepen to 5,000 feet (1,524 meters) [5]. Future Plans - A coordinated testing program for Jetstream 3 and 4 is set to begin in late February 2026, involving flow testing and pressure build-up over approximately six weeks per well [6]. - The company plans to return to Jetstream 5 in April 2026 to retrieve a stuck segment of the drill string and conduct full logging and flow testing of the formation [4]. Project Overview - The Topaz Project is located in northern Minnesota, where Pulsar is the first mover in helium exploration, holding exclusive leases over the project area [8]. - The project has confirmed a laterally extensive helium-rich gas reservoir, indicating a high-quality helium resource [8].