Helium Resource Evaluation
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Pulsar Helium Reports Pressurized Gas Encounter at Jetstream #7 at the Topaz Helium Project, USA
Globenewswire· 2026-03-04 07:00
Core Viewpoint - Pulsar Helium Inc. has successfully intersected a pressurized gas zone at the Jetstream 7 appraisal well in the Topaz Project, indicating a robust helium-bearing system and validating the geological model [3][5][9]. Summary by Relevant Sections Drilling Operations - The Jetstream 7 well encountered a pressurized gas zone at approximately 2,107 feet (642 meters) with a preliminary bottom-hole pressure of about 953 psi, confirming a strongly pressurized system [3][6][7]. - Drilling is ongoing towards a planned total depth of 3,000 feet (914 meters), with the potential to deepen to 5,000 feet (1,524 meters) depending on geological conditions [6][7]. Technical Evaluation - The higher bottom-hole pressure at Jetstream 7 supports the presence of an active and extensive gas-bearing system within the Topaz structure [7]. - Data collected from Jetstream 7, including pressure information and core samples, will enhance the technical dataset for future resource evaluation and development planning [8]. Project Overview - The Topaz Helium Project is located in Minnesota, USA, and has a 100% success rate in intersecting pressurized gas across all seven appraisal wells drilled to date [9]. - The project has identified potentially saleable concentrations of helium, helium-3, and carbon dioxide, with helium-3 having strategic applications in various advanced technologies [9].