Blue Star Helium Permitting Hearing This Week

Blue Star's permitting of helium wells in Las Animas County of Colorado and four development well locations at Galactica/Pegasus are set for approval hearing this week after being delayed from August. These wells are located to offset the helium discoveries at JXSN#1 and JXSN#2, which returned concentrations of up to 3.14% helium. Two additional Oil and Gas Development Plans (OGDPs) for eight additional wells offsetting the JXSN#3 discovery are being finalised for submission to the COGCC.

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Blue Star Helium is drilling ahead at the Galactica prospect in Colorado, with the JXSN#4 exploration well spudded and currently at a depth of 582 ft. JXSN#4 is located about 1.7 miles to the northwes