Imperial Helium Successful Appraisal of the Steveville Structure

Imperial Helium completed a successful appraisal of the Steveville structure in Southeastern Alberta. Production testing on Steveville-2 saw a flow rate of ~2mmcf/d of raw gas with a 0.43% helium concentration. The Steveville-1 well produced water and allowed Imperial to define the gas/water contact. The Company is in advanced discussions with its EPC (Engineering, Procurement & Construction) partner ON2 solutions for the construction and delivery of a Prototype Plant.

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