First Helium Inc brought the 4-29 light oil well into production on April 8th, 2022 with an average production rate of 144 bbl/d of 36 degree light oil, with an average oil cut of 50%. The company expects that it will receive a net revenue of C$1.4 million for its April sales from the 1-30 and 4-29 wells, sometime in late May.
First Helium generated C$1.4mm in Oil Revenue in April
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