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Grand Gulf Energy confirms helium at Jesse#1A

Grand Gulf Energy has confirmed helium at the Jesse#1A well within the Red Helium Project in the Paradox Basin, Utah. Multiple well head samples have confirmed helium concentrations up to 0.65% helium, indicating the presence of a working helium reservoir. Bottom-hole pressure gauges during the flow-back indicated a reservoir pressure of 2,280 PSIA. The work-over rig has been de-mobilised to allow the technical team to develop the appropriate well design to allow gas production.

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