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First Helium Oil Production Surpasses 100kbbl Milestone

First Helium has cumulatively produced over 105,000 barrels of light oil since Q1'22, generating C$12.5mm in revenue. The revenue is supporting ongoing helium exploration and development, with plans to prioritise drilling locations for oil, natural gas, and helium. The company's unique ability to simultaneously produce oil, natural gas, and helium positions it favourably in the industry. 15 identified drilling locations, following positive results, will add multiple follow-up targets to its inventory, which positions the Company well to provide substantial growth and scale on its existing Worsley land base.

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