PetroSun plans to resume drilling at its Manuel Seep 2-1 Well in the Holbrook Basin of Arizona during the first week of November. The resumption of operations will deepen the existing wellbore to its target depth, and the well will then be tested to determine the presence and size of any helium discovery. It has also raised US$1.1mm through a new convertible: its near-term drilling program is fully funded.
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