HEVI Announces Farm-In Partner to Drill Second Joint Well

Oct 13, 2023
1 min read

Helium Evolution received a notice from its farm-in partner, North American Helium (NAH), to drill a joint well on HEVI's lands as per their Amended Farmout Agreement. The joint well, named Joint Well #2, is scheduled to commence drilling by the end of Nov'23. HEVI will participate with a 20% working interest, estimated to cost ~C$0.4mm net, funded by its current working capital.

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