- Jun 12, 2022
- 2 min read

First Helium Receives C$1.2 Million For April's Oil Production

First Helium received C$1.2 million for April crude oil sales. Cash flow from the light oil sales will continue to be deployed to help fund the Company's ongoing helium exploration and development activities. It plans to drill its first of two planned helium exploration wells in July. During May, the Company produced ~272bbl/d (due to downtime) and expects to receive ~C$700,000; production has returned to >500bbl/d over the last 5 days.

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