First Helium Receives Cash Inflows for 1-30's March Production

Apr 26, 2022
2 min read

First Helium Inc received ~C$1.2 million from light oil production from the 1-30 well and an additional $485,000 in warrant exercise proceeds in the month of March. This is the second consecutive month of production and cash inflows for the company. This further strengthens the company's financial position for its future helium exploration programme.

Want to read more?

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

Subscribe Now

Recent Posts

See All

Helix Leases Tube-Trailer, Expands Rudyard’s Acreage, and Raises £2.2mm

Pulsar Hits Pressurised Gas at Jetstream #7; Updates on Quantum Hydrogen

Pulsar Helium intersected a pressurised gas zone at its Jetstream #7 appraisal well at the Topaz Project, confirming a pressurised helium system at a depth of ~2,107 feet (642m) with a bottom-hole pre

Rift Helium in Tanzania Advances Toward AIM IPO

Rift Helium is advancing towards its planned IPO in H1’26 with a strategic focus on establishing a non-hydrocarbon helium supply in Tanzania’s Rukwa Basin, where geological evidence supports a working