First Helium Advances Exploration at its Worsley Property in Alberta

First Helium aims to test exploration targets at its Worsley property in Northern Alberta. The company plans to explore a large structure in the Leduc Formation, which has shown promising potential comparable to previous lucrative oil finds, and to complete and test a horizontal well in the Blueridge Formation. This well could potentially establish a scalable natural gas play enriched with helium, promising enhanced profitability and growth opportunities. The company is also focused on expanding its pipeline network and exploring partnerships to accelerate the project’s development, leveraging the substantial acreage and multiple drilling targets identified through its 3D seismic data.

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