HEVI-NAH Advance on Test Well Area#1

Jan 23, 2024

1 min read

Helium Evolution (HEVI) and partner, North American Helium (NAH), completed drilling and casing of Test Well Area #1. NAH covered 100% of the drilling costs, and joint operations for Test Well Area #1 and will now proceed with NAH and HEVI sharing responsibilities at an 80% and 20% ratio, respectively. The next steps involve the completion, testing, and evaluation of Test Well Area #1 to confirm helium presence and assess commercial viability.

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