Initial results from Jesse#1A have been encouraging for Grand Gulf Energy despite the inability to carry out stable flow testing due to water ingress and reservoir pressures being sub-hydrostatic. But now, the company will soon be able to assess the ability of its Jesse#1A discovery well in Utah to produce helium, after securing the required work-over rig with the objective of establishing a stable gas flow rate to determine reservoir deliverability and obtain a representative helium sample. A second well is planned later this year.
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See AllOn an analyst call, US Energy Corp management talked about its plans for its recently acquired Montana helium asset. The asset is situated on a greater than 100-mile anticline structure known for its
Bluejay Mining plc announced that White Flame Energy Limited (WFE) accepted its conditional offer to acquire up to 51% of WFE's issued share capital for £1.4mm, payable in Bluejay shares. WFE owns pro
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