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Blue Star's BBB Helium Wells Approved

The COGCC has approved two helium development wells in Blue Star's high-graded Voyager helium development area. Drilling of the first of these wells is expected to commence in late Q2 or Q3. Blue Star has also submitted an expanded Oil and Gas Development Plan (OGDP), which includes five wells and is expected to be approved soon. Negotiations between Blue Star and a mid-stream company for a helium processing facility at Voyager are highly advanced and expected to be concluded in the coming weeks. Blue Star is aiming for first helium production and sales from Voyager by year end.

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