Blue Star Helium spudded its maiden helium exploration well, Enterprise 16#1, in Colorado targeting an unrisked prospective helium resource of 2.3bcf with an estimated cost of US$0,.3mm. It is the first in a series of 10 wells planned to be permitted and drilled across the company’s portfolio this year. Drilling is expected to take six days to reach a total depth of 980 feet and once complete, Blue Star will undertake an evaluation and testing program.
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