First Helium announces “1-30” light oil discovery at Worsley

First Helium completed testing its exploration well on the Worsley property and is scheduling a plan to have it production-ready by Q1'22. This will come at a cost of ~C$0.5 million leading to significant cash flows in 2022. The company estimated a payback period of six months based on the current production rate of 400 bbl/d.

Want to read more?

Subscribe to www.akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All